The Verkhovna Rada has appointed Serhiy Koretsky, chairman of the board of the national joint-stock company "Naftogaz of Ukraine," as the new prime minister. According to Ukrainski Novyny, 289 deputies voted in favor of Resolution No. 15414, exceeding the minimum required 226 votes.
In May 2025, the 48-year-old Koretsky became chairman of the board of NAK “Naftogaz of Ukraine,” and from November 2022 to May 2025, he served as director of PJSC "Ukrnafta" and JSC "UkrTatNafta."
Speaking in the Rada, Koretskyi said that the new government faces the following tasks: fully equipping the defense forces, scaling up the military-industrial complex, supporting the Ukrainian population, providing social protection, and paying special attention to communities near the front lines.
He identified preparing for and getting through the coming winter, as well as supporting businesses to ensure the country’s economic stability and development, as extremely important tactical tasks.
“I want this Cabinet of Ministers to become a government of defense, a government of economic development, and a government of European integration,” he said.
Koretsky also noted that the main task in this war is to preserve Ukrainian national identity from a historical perspective, because a nation that lives by an idea is indestructible.
The Rada is expected to appoint the members of Koretsky’s new government later today.
Serhiy Koretsky was born on March 14, 1978, in Lutsk.
His father worked as an engineer at a local factory, and his mother worked in retail.
In 2001, he graduated from the Faculty of Mechanical Engineering at Lutsk State Technical University, and in 2005, from the Faculty of Business at the same university.
From 1997 to 2018, he worked at the fuel holding company “Continuum” (Lutsk), where he rose from an employee in the analytics department to CEO.
In 2002, he became head of the joint venture “Western Oil Group,” and from 2007 onward, he served as CEO of the management company of the “Kontinium” Group.
In 2013, Koretsky became CEO of WOG and held that position until 2018.
In 2018, he focused on developing his own business, notably founding Idealist Coffee Co., which also includes the Idealist coffee shop chain.
From 2019 to 2022, he was a co-founder and chairman of the board of the energy trading company Centurion Group SA in Switzerland.
In November 2022, Koretskyi took the helm of Ukraine’s largest oil producer, Ukrnafta, as well as UkrTatNafta (the Kremenchuk Oil Refinery).
In 2024, he received 26.659 million hryvnias in salary (approximately 2.22 million hryvnias per month).
In April 2025, the supervisory board of NJSC “Naftogaz of Ukraine” elected Koretskyi as chairman of the board.
He is married; part of the family business is registered under the names of his wife, Iryna, and his daughter, Ulyana.
As reported by Ukrainian News, on July 14, the Verkhovna Rada accepted the resignation of Prime Minister Yulia Svyrydenko. According to the Constitution, the resignation of the prime minister results in the resignation of the entire Cabinet of Ministers.
The Prime Minister is appointed by the Verkhovna Rada upon the President’s nomination. The President submits a candidate for the position of Prime Minister upon the proposal of a coalition of parliamentary factions in the Verkhovna Rada or a parliamentary faction comprising a majority of people’s deputies—in the current Rada, this is the “Servant of the People” faction.
On July 15, President Volodymyr Zelenskyy proposed that the Verkhovna Rada appoint Serhiy Koretskyi, chairman of the board of the national joint-stock company “Naftogaz of Ukraine,” to the post of Prime Minister.
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