About past, present and future of Ukraine

Search mobile

Main War The "Ukrainian Defense Industry" has completed the reorganization of 28 enterprises into state-owned companies

War

The "Ukrainian Defense Industry" has completed the reorganization of 28 enterprises into state-owned companies

420
The "Ukrainian Defense Industry" has completed the reorganization of 28 enterprises into state-owned companies

Share this article

The State Enterprise "Ukrainian Defense Industry" (formerly the state concern "Ukroboronprom") has changed the ownership form of 28 enterprises to economic companies as part of the corporate reform. In the process of corporatization, an additional seven enterprises have undergone changes in ownership.

"The management structure consists of a managing company, which is "AT "UOP." In its subordination, there are several sub-holdings by focus areas. Currently, the creation of six to eight sub-holdings is being considered," stated the General Director of the company, Herman Smetanin

According to Herman Smetanin, there are currently no legal industry-specific joint-stock companies (AJSCs) in existence. The company's leadership is carefully approaching the reform process, which involves significant changes in the management system of the "UOP" enterprises.

So far, a management committee has been established, uniting several similar enterprises that form a hypothetical business unit. In early September 2023, "UOP" approved the Anti-Corruption Prevention, Detection, and Counteraction Strategy for 2023-2024.

Within this framework, the process of personnel appointments will be unblocked, and consolidated purchases of non-military goods through the Prozorro electronic trading system will commence.

The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...