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19 July, 2021
The establishment of corporate governance will allow defenсe companies to attract investment

"Effective Industry for Defence Capability" - is the topic of Lviv Security Forum this year, which gathered experts on its site for the fifth time, the "Voice of Ukraine" reports. The conference was supported by NAKO.

A significant part of the current issues, says Yurii Husiev, Director General of “Ukroboronprom”, will solve the bill №3822, which has been approved by the Parliament recently. It is a foundation for creating new institutions and rebooting the state defence industry. He explained that the document creates an environment for investment, mitigates corruption risks in defence industry companies and opportunities for direct political influence. The transformed enterprises will be able to combine assets, resources, and technologies instead. Almost a hundred of such companies will get an opportunity to go through financial recovery procedures.