The dismissal of Kobolyev “is legal manipulation” and “demonstrates a return to practice manual management of state enterprises,”

Thursday, April 29, 2021

reads a defiant statement posted by the company’s outgoing management on the Naftogaz Group Facebook page. The change at the top comes as Naftogaz was planning to issue a Eurobond. In this light, the manifesto, posted also on the company’s website declares: “This is clear signal to investors in securities of Ukrainian issuers: the working conditions of state enterprises of Ukraine are unpredictable and can be changed depending on political expediency.”

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post

“Dismissed. Reappointed. Andriy gone. $2bn cash reserves in company,”

Next post

Objections swirl over the legal maneuver used to bypass the Board and fire an executive who was one year into a four-year contract.

Previous Main Topics