Reform of defense industry enterprises important for Ukraine’s national security – Husev

Reform of defense industry enterprises important for Ukraine’s national security – Husev

Ukrinform
The reform of corporate governance of defense industry enterprises is very important for Ukraine's national security, Ukroboronprom Director General Yuri Husev has said.

"Reform of corporate governance in the defense industry is crucial for Ukraine's national security, its ability to defend democracy and sustainable movement towards the Euro-Atlantic integration," Husev said at a press conference on March 26, an Ukrinform correspondent reports.

According to Husev, the issue of reforming the management of state-owned enterprises has been discussed for many years. Over this period, these enterprises have only accumulated debts.

"The corporatization of Ukroboronprom and the concern's enterprises will allow us to create a 100% new and modern defense holding, which will fundamentally differ from the current management model and this is extremely important for us," said the head of Ukroboronprom.

According to Husev, he expects the adoption of bill No.3822 "On peculiarities of reforming of state-owned enterprises of the defense and industrial complex" at second reading, which, in addition to the corporatization of Ukroboronprom, opens a number of opportunities for defense enterprises. In particular, the document provides for the introduction of a management system of the defense industry in line with international standards and contains preventive measures against corruption risks and direct political influence on the industry.

As Ukrinform reported, on January 29, the Verkhovna Rada passed at first reading the bill “On peculiarities of reforming of state-owned enterprises of the defense and industrial complex”, necessary for the reorganization of the state concern Ukroboronprom.

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