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Prime Minister of Ukraine Arseniy Yatsenyuk believes that the appointment of independent managers with no political or business prejudice in 50 major state-owned companies will help improve financial performance of such state entities.
The government has announced major changes in management of state companies, depoliticization of the activities of state companies and "introduction of a common principle of state-owned companies functioning, that is the principle of economic efficiency based on independent positions of directors," Yatsenyuk said on a Ten Minutes with Prime Minister TV show on Sunday, February 14.
He underlined the importance of new approaches to the appointment of state-owned companies' management.
Read alsoYatsenyuk names required principles for Cabinet team to continue its workThe prime minister noted that such changes have already been made in respect of NJSC Naftogaz of Ukraine, which just a year ago recorded significant losses while this year, the company is set to turn to a profitable business again.
According to Yatsenyuk, such new approaches to the appointment of state companies’ management will transform into higher social standards and the level of salaries people will get.
Read alsoCabinet approves Action Plan for 2016, to be presented to MPs "At the end of each year, every company transfers dividends to the state budget … and the budget can help raise social standards, payments to teachers, doctors, financing of infrastructure," the head of government said.
As UNIAN reported earlier, during a government meeting on February 11 Yatsenyuk stated that 50 leading state companies would need to have new management to be selected based on results of the contests. At this, the prime minister noted that neither members of the government, nor MPs or businessmen should interfere in making decisions regarding those appointments. Yatsenyuk added there was also need to change management in state-owned banks.