Rada returned to the state control over Ukrnafta

Deputies passed a law that limits the impact on the company Kolomoisky. After long discussions, the deputies adopted amendments to the Law "On Joint Stock Companies".

 

The Deputies adopted the bill as a whole and №2273 "On Amendments to the Law of Ukraine "On Joint Stock Companies" (with respect to payment of dividends joint stock company)", which will allow the state to regain control over the company Ukrnafta. Appropriate decision at a meeting on Thursday, March 19 supported the 275 deputies. Thus, the law introduces a quorum for meetings of shareholders to 50% for all companies and provides for the payment of dividends.

 

Earlier today, the Chairman of the Verkhovna Rada of Ukraine Volodymyr Groisman canceled the meeting glad to 16:00 to MPs discussed the bill in committee. As reported of Korrespondent.net January 13, the deputies adopted as a basis and as a whole the bill, according to which a quorum for decision-making in joint stock companies is reduced to 50% + 1 share.

 

The document stipulates that it will be effective immediately after publishing only for businesses that have state ownership. After that, a number of experts drew attention to the fact that the state owns shares Ukrnafta not directly, but through Naftogaz Ukrainy. This could mean that Ukrnafta law will take effect only on January 1, 2016, and by the time control over the company and will continue to have Kolomoiskiy.

 

The state owns 50 + 1% of the shares of PJSC Ukrnafta, but regularly experiencing problems with the shareholders' meeting of the Company (the structure of the group Privat, which control 42%, often ignore the meeting). Accordingly, decisions on the allocation of net income and payment of dividends, change of the company's management is complicated.

 

 

March 19, 2015

Correspondent