OREANDA-NEWS. January 16, 2015. As a part of reforming the public administration system the Government of Ukraine adopts a decision on a public competition to hold chairmen offices in 62 largest state-owned companies. Prime Minister of Ukraine Arseniy Yatsenyuk said at the session of the Cabinet of Ministers of Ukraine.

He stressed that the Cabinet of Ministers would encourage on transparent and open conditions to chair these companies "the real professionals who are able to lift these companies from losses, to undertake appropriate reforms in the key state monopolies and are capable to show that in Ukraine it is applied a new method of management the public companies".

"Unfortunately, these are just state-owned companies which constitute certain part of the overall corruption within the country. The main streams flow through these companies, so it must cease", stressed the Head of Government.

Arseniy Yatsenyuk has informed that the Government Decree on the competitive selection of chairmen of public sector economies envisages the establishment of a public nomination committee, "Anyone who wishes should submit their proposals to participate in the competition, submit their CV, and we will publicly hold the selection process to chair the corresponding large state-owned company".