The JSC "Ukrainian Defense Industry" has developed an anti-corruption infrastructure

Publication date: 18.08.2023

The Joint Stock Company "Ukrainian Defense Industry" (UDI) has developed a project of the Strategy for Prevention, Detection and Counteraction of Corruption for 2023-2024. The document was discussed at a meeting of the UDI’s team with experts from government institutions and independent anti-corruption organizations on August 16.

The event was attended by representatives of Ministry for Strategic Industries of Ukraine, National Agency on Corruption Prevention (NACP), and leading non-governmental organizations: StateWatch, Independent Anti-Corruption Commission (NAKO), Ukrainian Network of Integrity and Compliance (UNIC), NGO "Together Against Corruption", the supplier professional services for independent verification of the company and COSA compliance, etc.

As the UDI’s risk manager Olena Kovalova noted: "The involvement of stakeholders at the stage of developing the Strategy ensures the implementation of measures to eliminate exactly those corruption risks that are the most acute from the point of view of the state and civil society and require immediate response. Transparency and openness to cooperation allowed UDI to consider the practical experience and expertise of a wide range of professionals in building integrity and effective corporate governance in its document."

The jointly developed Strategy will help ensure the conditions under which UDI and each of its enterprises fulfill their obligations legally and honestly, and all employees act honestly, conscientiously, and adhere to the highest standards.

Since the first days of the established of the Joint Stock Company "Ukrainian Defense Industry", efforts have been focused on eliminating corruption risks and preventing them from occurring in the future. Therefore, the UDI carefully plans the development of the corporate governance system and takes steps to build the anti-corruption infrastructure.