DiXi Group experts presented a new edition of the analytical report, Corporate Governance in Ukraine’s State-Owned Energy Sector to international partners. Building on the overview of the reform examined in the pilot edition, the new publication moves to a direct analysis of corporate-governance tools in the state sector. Drawing on the recommendations of the Organisation for Economic Co-operation and Development (OECD), as well as corporate-governance practices for state-owned companies in Sweden, Finland and Lithuania, it focuses on how Ukraine exercises its ownership function in relation to state-owned energy companies and how their oversight is organised.
In addition, the document contains recommendations on the organization of internal control, adopted in April 2026. This is the first joint methodology of its kind for state-owned enterprises in Ukraine. The issue also examines a model charter for enterprises in the fuel and energy sector and differences in approaches to organizing internal control.
The analysis shows that Ukraine has significantly modernized its ownership system. However, the main challenge now lies not in the availability of tools, but in their ability to function as a unified system. And this needs to be addressed now, as strong corporate governance is particularly important for Ukraine’s energy sector, which is simultaneously facing the challenges of war and preparing for a large-scale recovery”, said Olena Pavlenko, President of DiXi Group, during the presentation.
Attracting the private and international investment needed to secure Ukraine’s future energy resilience requires trust in companies, transparent rules, and effective governance – emphasized Max Petrokofsky, Head of Recovery, British Embassy Kyiv.
Addressing corporate governance in Ukraine’s energy sector will have a significant positive impact in supporting Ukraine to build a more resilient, diversified, and European-facing energy sector. Improving governance will enhance trust, performance, and investor confidence. Well-managed energy companies, capable of ensuring the sector’s resilience, will help to attract the private and international investment vital for Ukraine’s recovery”, said Max Petrokofsky.
The quarterly analytical reviews were prepared as part of the research project Assessing Control Architecture in State-Owned Energy Enterprises in Ukraine: Gaps in Corporate Governance Implementation. It focuses on the state-owned energy sector, where corporate governance, internal control and oversight mechanisms remain critically important both for the resilience of the sector itself and for the broader reform of public administration. You can view the previous issue by following this link.
