Ukraine's Energoatom registered as joint stock company

MOSCOW. Jan 12 (Interfax) - Ukraine's Energoatom National Nuclear Energy Generating Company has undergone state registration as a joint stock company, acting member of the company's Executive Board Hartmut Jacob said.

The joint stock company and its charter, approved by a government resolution on the establishment of the joint stock company on December 29, 2023, were registered on Thursday, Ukrainian media said, citing his statement on a social network.

"We are entering into a brand new stage in the development of Ukraine's nuclear energy industry - the implementation of international corporate management standards at Energoatom," he said.

The Energoatom National Nuclear Energy Generating Company turned into a joint stock company, with 100% of the stock owned by the government, on December 29, 2023.

The government approved the Energoatom corporatization plan by a resolution dated June 27, 2023. The process is due to end by March 2024.

Pyotr Kotin, president of the Energoatom state-run National Nuclear Energy Generating Company, was appointed acting CEO of Energoatom JSC on January 9.

Hartmut Jacob, Yury Sheik and Alexander Ostapovets were appointed acting members of the company's Executive Board.