Yuriy Vitrenko starts work today as the new CEO of Naftogaz, reports the government portal.

Thursday, April 29, 2021

Yesterday, the Cabinet of Ministers fired Andriy Kobolyev, a 20-year company veteran, who had held the CEO post since March 2014. Kobolyev is credited with cutting corruption, but criticized for failing to increase gas production. His downfall came after news of last year’s disastrous results – the loss of $685 million, the first loss since 2015.

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