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About: http://data.cimple.eu/news-article/b3666615cc2c5f40082324e1f789693d12004b240a19330f28f406c0 Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	The European Union has "serious concerns" over the Ukrainian government's decision to dismiss the reform-minded head of state-owned oil and gas company Naftogaz, a spokesman said Friday. Ukraine's cabinet on Wednesday sacked Naftogaz chief Andriy Kobolev, whose moves toward transparency won him support among Western investors, and suspended all members of the company's supervisory board. EU spokesman Peter Stano said Brussels had "serious concerns" over the move. "We are calling upon the leadership of Ukraine to ensure that the management decisions at state owned enterprises are taken in full accordance with basic tenets of recognised corporate governance standards," he said. Ukraine's government said that Kobolev -- well-known for leading Naftogaz to victory in a legal battle with Russian energy giant Gazprom -- was dismissed after the company posted losses of 19.0 billion hryvnia ($685 million) in 2020. Naftogaz denounced the decision, describing it as politically motivated, and argued that the company provided more than $5 billion to the state budget last year. Kobolev helped wean Ukraine off its dependence on Russian gas after Moscow in 2014 seized Crimea and war broke out in eastern Ukraine with Russian-backed separatists. The US -- which backs Ukraine alongside the EU in its festering standoff with Russia -- also criticised the decision to remove Kobolev, saying it showed "disregard for fair and transparent corporate governance practices". Ukraine is deeply dependent on international loans, including from the International Monetary Fund, which has handed Kiev cash on the condition it will implement reforms to wipe out corruption. bur-del/arp/kjl
schema:headline	EU 'concerned' by Ukraine sacking of energy firm chief
schema:mentions	Naftogaz Energy independence Cabinet of the United Kingdom Annexation of Crimea by the Russian Federation War in Donbass Gazprom Brussels International Monetary Fund Moscow Kiev European Union Russia Russian language Ukraine United States Ukrainian hryvnia Corporate governance Supervisory board Anti-Revolutionary Party Energy industry
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-30 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	83 (xsd:integer)
http://data.cimple...tology#hasEmotion	anger

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