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4.4 Corporate dynamics
Naftogaz head advocates strengthening role of supervisory boards in activities of state enterprises. Chairman of the Board of NJSC Naftogaz Ukrainy Oleksiy Chernyshov supports strengthening the role of supervisory boards in the activities of state-owned enterprises and expects the adoption of an appropriate law that would regulate this.
Over 800 companies had to move to other regions of the country because of the war. Since the beginning of the war, 840 enterprises have moved to safer regions in Ukraine under the relocation program, of which 667 are already working in their new location. The largest part of these businesses chose the Zakarpattia and Lviv regions for their new locations, with 120 and 199 companies, respectively. Also, 78 businesses moved to the Chernivtsi region and 70 to the Ivano-Frankivsk region, rounding out the top four spots in the list of the most popular safe regions among entrepreneurs. The Odesa region had only 3 businesses relocated to it, the Zhytomyr Region had 6, and Kropyvnytskyi, 17, was the least popular. If an application is approved, the state relocation program can assist businesses with new location selection, transportation to a new location, restoring logistics, purchasing raw materials, and finding sales markets.
35 UKRAINE Country Report November 2023 www.intellinews.com