Ukrainian Prime Minister Yulia Svyrydenko announced significant changes to the supervisory boards of key state energy companies, including the appointment of new members to NЕК “Ukrenergo” and the Gas Transmission System Operator of Ukraine. This move is part of a broader effort to reform the governance of the energy sector.
On May 13, the Cabinet of Ministers approved the nominations put forth by the Nomination Committee. The newly appointed members for the supervisory board of NЕК “Ukrenergo” include Yuriy Boyko, Mykola Brusenko, and Yegor Perelygin. For the Gas Transmission System Operator, Anton Bendik has been appointed.
Additionally, due to the expiration of terms for most members of the supervisory board of Ukrhydroenergo, the government is initiating a new competition to fill these positions. The Ministry of Economy and the State Company have been tasked with expediting the selection process.
“The process of renewing the composition of supervisory boards began in November 2025 and is ongoing. The Cabinet of Ministers is preparing further decisions regarding competitive selections for other strategic energy enterprises,” Svyrydenko stated.
The government announced the overhaul of energy company supervisory boards following revelations of corruption investigations by the National Anti-Corruption Bureau (NABU) related to Energoatom. Key figures in the investigation include businessman Timur Mindich, former Energy Minister Herman Halushchenko, and former Energy Minister Svitlana Hrynchuk.
On November 10, 2025, NABU disclosed a large-scale operation named “Midas” aimed at uncovering corruption in the energy sector. This operation involved over 70 searches. Investigators allege that the scheme’s organizers received kickbacks of up to 15% on contract values from Energoatom, paid by companies that were forced upon them by the scheme’s participants.
NABU claims that the illicit funds were laundered through so-called back offices in central Kyiv, properties owned by the family of former MP and current Russian senator Andriy Derkach. According to the investigation, the suspects managed to launder a total of $100 million.
On November 10, NABU released recordings of conversations among the suspects, who were identified by their code names. The primary figures in the case include businessman Timur Mindich, known as “Carlson,” and Oleksandr Tsukerman, referred to as “Sugar Man.” Both fled the country shortly before the searches were conducted and have since been placed on a wanted list.
Olexandr Abakumov, head of the NABU detective group, indicated that the corruption case in the energy sector involved four ministers from various periods of the Ukrainian government, including former Energy Minister and Justice Minister Herman Halushchenko, who was also subjected to searches.
On November 12, Prime Minister Svyrydenko submitted a proposal to the Parliament for Halushchenko’s dismissal, along with the removal of the Minister of Energy, Svitlana Hrynchuk. The Parliament approved the proposals on November 19.
Timofiy Milovanov, former Minister of Economy from 2019 to 2020 and current president of the Kyiv School of Economics, announced his resignation from the supervisory board of Energoatom. Subsequently, Prime Minister Svyrydenko declared that the government would restart Energoatom’s operations, with the first decision being the dissolution of its supervisory board.
The Ukrainian government is undertaking a major restructuring of its energy sector's oversight amid ongoing corruption investigations. New appointments have been made to key supervisory boards, while the government seeks to enhance accountability and transparency within the industry.