The Supervisory Board of the state energy trader JSC Energy Company of Ukraine (JSC ECU) has elected the managing director of Stratos Energy Consulting, Peter Styles, as the Chairman of the Supervisory Board.
This is stated in the company's message, the Ukrainian News agency reports.
"On September 26, the Supervisory Board of the state energy trader JSC “Energy Company of Ukraine” (ECU) held its first meeting. Peter Styles, a specialist with over 30 years of experience in managing energy businesses, setting up trading operations, and defining electricity market design in Europe, was elected as the Chairman of the Supervisory Board," the message says.
At the first meeting of the Supervisory Board, a decision was also made to create Supervisory Board committees, and their members and leaders were elected.
As the Ukrainian News agency earlier reported, in September, the Cabinet of Ministers approved the submission of the State Property Fund on the appointment of the ECU Supervisory Board.
In 2023, ECU received a net profit of UAH 148.9 million.
In August 2022, ECU started commercial activities.
On June 28, 2022, the Cabinet of Ministers transferred from the sphere of management of the Ministry of Energy to the sphere of management of the Ministry of Economy the authority to manage corporate rights belonging to the state in the authorized capital of the joint-stock company Energy Company of Ukraine.
ECU JSC is a multi-disciplinary energy supply enterprise that carries out operations of purchase, sale, supply and market optimization of energy consumption for commercial customers.
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