Tuesday, May 26, 2026
Today's Edition

EveryNews

Stories that matter, signal over noise

Business

Ukrhydroenergo Appoints Permanent Director — the Previous Acting Head Gets the Role

The supervisory board of Ukrhydroenergo has completed the competition for the position of general director. The acting head of the company won the contest — a person who has already led the company during one of the most difficult periods for Ukrainian energy sector.

Tetiana Suchkova-Ladik

By Tetiana Suchkova-Ladik

May 14, 2026 · 1 min read

Ukrhydroenergo Appoints Permanent Director — the Previous Acting Head Gets the Role
Богдан Сухецький (Фото: Укргідроенерго)

Ukrhydroenergo no longer has an acting head. The supervisory board of the state company has completed the competitive procedure and appointed a permanent general director — the person who was already performing these duties.

Formally, this is a standard corporate procedure. But behind it lies an important signal about how the state manages strategic assets during wartime.

Why this matters

Ukrhydroenergo is not just a large company. It is the operator of a cascade of hydroelectric power stations on the Dnieper and Dniester rivers, which provide maneuvering capacity for Ukraine's entire energy system. When thermal and nuclear power plants operate in base load mode, it is the HPPs that "level out" peak loads — this is especially critical given the constant rocket attacks on infrastructure.

The head of such a company is not a manager who optimizes expenses. This is a person who makes decisions in real time when the stability of networks is at risk.

Competition as legitimization

The fact that the acting head went through an open competition and won — rather than simply being "renamed" as permanent director — matters right now. After scandals in state energy companies in recent years, any "quiet" appointment would be perceived as a red flag.

At the same time, the question remains open: how transparent was the candidate evaluation procedure and did other applicants have real chances — especially when the current acting director has an obvious advantage in the form of access to information and already-established connections within the company.

What's next

Ukrhydroenergo continues to operate amid damaged infrastructure — Russian strikes have hit several company facilities. The newly appointed director receives authority along with a task that has no peacetime equivalent: to restore what is being destroyed and simultaneously prevent the system from collapsing.

If the next strike on Ukrhydroenergo facilities occurs under permanent rather than temporary leadership — will this matter for the speed of response and accountability for decisions?

Related

Latest

Business

EU Against Google: Why the Latest Fine Could Change More Than Previous Ones

# European Regulators Target Google Again — This Time Over Digital Markets Act Violations. What's Behind the Accusations and Why It Matters Beyond the Corporation European regulators have renewed their scrutiny of Google, this time focusing on alleged violations of the Digital Markets Act. The charges underscore Brussels' increasingly aggressive stance on big tech monopolies and what officials say are anticompetitive practices. The accusations center on how Google leverages its dominance across multiple digital services — from search to advertising to mobile platforms — to disadvantage competitors. Regulators claim the company is using its market power in ways that stifle innovation and limit consumer choice. The case carries significance far beyond Google itself. It signals how the EU is attempting to enforce its landmark Digital Markets Act, legislation designed to curb the gatekeeping power of tech giants. A potential penalty could set precedent for how other large technology companies face similar scrutiny. For consumers and smaller tech firms, the outcome could reshape the digital landscape by creating more room for competition. For Google, fines and operational restrictions could fundamentally alter its business model in Europe, the world's most stringent regulatory market. The case also reflects a broader geopolitical divide, with the EU pursuing a regulatory approach that contrasts sharply with the lighter-touch oversight favored in the United States.

May 26, 2026