KPD Consulting Assesses Corruption Risks at Energoatom

KPD Consulting Assesses Corruption Risks at Energoatom

Ukraine
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KPD Consulting in Ukraine has conducted an external assessment of corruption risks at Energoatom, the largest electricity power producer in Ukraine.

Energoatom, which was established in October 1996, operates four nuclear power plants with 15 power units. Energoatom provides about 55% of Ukraine’s need for electricity, and during autumn and winter this figure reaches 70%. According to KPD Consulting, Ukraine is eighth in the world in terms of installed nuclear power plant capacity, and second in the world in the share of nuclear power plant-generated electricity to overall electricity production.

According to KPD Consulting, "the scope of services included an assessment of corruption risks and the client’s processes aimed at reducing of corruption risks." According to the firm, Energoatom "received comprehensive recommendations [as to how to] improve its existing procedures." Finally, the firm reports, "the assessment and recommendations were made under the requirements of 'ISO 37001:2016 Anti-bribery management systems. Requirements with guidance for use'."

The KPD Consulting team was headed by Counsel Stanislav Odnorob, assisted by Managing Partner Igor Kalitventsev and auditors Serhii Cherviak and Stanislav Komchadalov.