Ukrnafta, Ukrtransnafta, Ukrtatnafta to get foreign management - Ukraine PM

09:53, 30.03.2015 1 min read

Ukrainian Prime Minister Arseniy Yatseniuk has announced that a public tender will be held after the government re-establishes control over state companies to select management for them, and professional foreign management will be elected.

"From now on the management of state companies will only be selected in an open tender, publicly and live, leaving no chance to nepotistic practices. There will be one and only approach to state companies - Ukrnafta, Ukrtatnafta and Ukrtransnafta and all other companies: the state is re-establishing its control. We will respect the rights of other shareholders, we will receive and distribute the dividends, and we will install new, quality foreign management," Yatseniuk said in an interview, released on ICTV television on Sunday evening.