Energoatom sustainable corporate development support

Name: Energoatom sustainable corporate development support
Senior Legal Expert: Oleg Dovzhenko
Senior Institutional Expert: Olga Gruzhinskaya
Client: Deloitte & Touche
Funding source: EBRD
Duration: 2017-ongoing
Description: assistance to the Government of Ukraine and nuclear power generating company Energoatom to undertake an extensive study that includes recommendations on steps towards legal and commercial corporatization of Energoatom, improve management systems with the introduction of modern information management systems, and facilitate the implementation of the “Road Map” of Energoatom’s corporatization
Tasks/activities performed:

  • review of the Ukrainian legal and regulatory framework applicable to Energoatom’s corporatization and determination of additional legislative and legal requirements, recommendations on improving of legal and regulatory framework
  • assessment of the state strategy/ownership policy involving Energoatom
  • drafting of the “Road Map” of Energoatom’s corporatization and assistance in its approval by the EBRD and the Government
  • defining of roles and responsibilities of the management of the company corporatized and the state as the sole shareholder
  • identification of transactions between Energoatom and other entities in the power sector after corporatization to formalize them and to prepare necessary draft legal documents
  • finalizing of corporate governance issues upon agreement of the “Road Map” by the EBRD and the Government.

Energoatom sustainable corporate development support

Team members: