PM declares management of all state companies to be appointed in open tender

"We have decided that from now all heads of state companies will only be appointed in an open tender. A head of a state company will be selected publicly and live," Prime Minister of Ukraine Arseniy Yatsenyuk declared this in the program Facty tuzhnia with Oksana Sokolova on ICTV.

The Prime Minister recalled that he had instructed to convene a general meeting of shareholders of the company Ukrnafta and other state companies, "where it is necessary to distribute the dividends as well as get to the treasury."

"Ukrnafta will have a new management that should be selected according to an international audit, by professional people with a strong international reputation," he stressed.

According to him, all financial decisions on all state companies will be taken in the same way.

Arseniy Yatsenyuk emphasized that there would be one and only approach to all state companies: "The state is re-establishing its control. We will set a new high-quality foreign management. We respect the rights of other shareholders. We are receiving and distributing the dividends."