Government announces competitions for supervisory boards of Naftogaz and Energoatom

The Cabinet of Ministers has announced a competition for candidates for the positions of independent members of the supervisory boards of the joint-stock companies Naftogaz of Ukraine and Energoatom. The Government adopted the relevant orders at its meeting on 18 November.

The competition for candidates for the positions of independent members of the Supervisory Board of NJSC Naftogaz of Ukraine is planned: in January 2026, the three-year term of office of the current Supervisory Board, as provided for by law, will expire. In order to ensure the timely formation of a stable composition of the Supervisory Board of NJSC, four independent candidates will be selected in the competition.

By a protocol decision, the Cabinet of Ministers recommended that Naftogaz of Ukraine engage a professional recruitment consultant to conduct the competitive selection of candidates.

The competition for candidates to the Supervisory Board of NNEGC Energoatom announced today is unscheduled. On 11 November 2025, the Cabinet of Ministers of Ukraine terminated the powers of the Supervisory Board ahead of schedule. At the time of this decision, the Supervisory Board had two independent members and a competitive selection of independent candidates for two more vacant positions was underway. The new competition will fill the positions that became vacant due to the early termination of the Supervisory Board.

In addition, by a protocol decision, the Government instructed the Ministry of Economy, Environment and Agriculture of Ukraine to submit to the Committee for the Appointment of Heads of Enterprises of Particular Importance to the Economy proposals for candidates for the Supervisory Board of Energoatom.

This will complete the formation of the Supervisory Board of NNEGC Energoatom, which, according to the company’s charter, consists of seven members: four independent members selected on a competitive basis and three representatives of the state.

“The decisions adopted today will allow both companies to start working with full supervisory boards and move forward transparently and without delays in management processes,” emphasised Oleksii Sobolev, Minister of Economy, Environment and Agriculture of Ukraine.