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  • Volodymyr Groysman: Supervisory Board of Ukrzaliznytsia must be open and independent
    posted 21 October 2016 12:12

    The Supervisory Board of Public Joint Stock Company Ukrainian Railway must be open and independent. Prime Minister of Ukraine Volodymyr Groysman announced during A Question Time at the Verkhovna Rada of Ukraine on Friday.

    "Today our objective is: first, to replace the Supervisory Board [of JSC Ukrzaliznytsia] with an open independent Supervisory Board. Currently there are officials, but there should be independent experts instead", said Volodymyr Groysman.

    Commenting on the remark of an MP regarding the management of JSC Ukrzaliznytsia, the Prime Minister noted that it is unfair to place all responsibility for the state of affairs in the company on the new Director alone who has taken office in May.

    He noted that Ukrzaliznytsia had deliberately been destroyed and used as a source of funds to waste instead of being spent on modernization.

    The current policy of Ukrzaliznytsia’s management is to bail it out, stressed Volodymyr Groysman.

    According to him, the company’s leaders have set an objective to provide efficient transportation of goods and passengers for a year. With this purpose, the administrative staff, in particular, launched placement of orders on modernization of cars, improvement of the management system.

    However, it is difficult to break the old system inside the company. Volodymyr Groysman urged this resistance should be overcome and it is crucial to make this important and powerful national company Ukrzaliznytsia a truly open enterprise with billions in revenues that will be invested in the economy, rolling stock and the quality of their work.