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Automatically translated version. May contain inaccuracies compared to the original.
Mykhailo Horyn — a million hryvnias a month from five positions. How did the leaders of Ukrainski Rozpodilni Merezhi turn the supervisory boards of regional power companies into sources of million-hryvnia incomes?
While Ukrainians live with power outages and energy workers restore networks destroyed by Russian attacks, the state joint-stock company JSC Ukrainski Rozpodilni Merezhi (URM) faces questions about a system of multi-thousand payments to its leadership.
Mykhailo Horyn, a member of the URM Directorate, simultaneously holds seats on the supervisory boards of four regional power companies: Zaporizhzhiaoblenergo, Cherkasyoblenergo, Khmelnytskyioblenergo, and Kharkivoblenergo.
His total monthly remuneration amounts to more than one million hryvnias net. That is almost 12 million hryvnias per year. But Horyn is not the only one.
📍Oleksii Belotskyi, a member of the URM Directorate, is also on the supervisory boards of Zaporizhzhiaoblenergo and Kharkivoblenergo. His total income is about 540 thousand hryvnias per month.
📍Denys Fudashkin, a former deputy minister of finance, combines his position on the URM Directorate with membership on two regional power company supervisory boards. His total remuneration is about 500 thousand hryvnias monthly.
Together the three of them take almost 2 million hryvnias per month. Over 23 million per year. And here’s the main point. These officials are not just receiving money for multiple posts. They simultaneously work in the management of a state company and in the oversight bodies of the enterprises that the company manages. In other words, the leaders find themselves on both sides of the corporate control system. Who appointed them to the supervisory boards? Has URM created a system in which managers effectively control themselves, receiving additional hundreds of thousands of hryvnias for it?
And personnel policy. A 23-year-old lawyer, Mariia Dovha, ended up on the supervisory board of Cherkasyoblenergo, having received her diploma only in 2025. What criteria were used for such appointments and who assessed the candidates’ qualifications?
Those responsible for the transparency of this system should not only be URM’s leaders but also those who approved the appointments and oversee the company.
Public questions are being raised online to Energy Minister Denys Shmyhal: who allowed such a concentration of positions, who approved the remuneration, and why are there still no clear explanations regarding possible conflicts of interest?
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