Energy, Power and Electrical

Lithuania Corporate Governance Tender

📄 Tender ID: 509659270 📅 Published: 21 Oct 2024

📋 Tender Overview

This year, nineteen state-owned enterprises received the highest indicator of good governance (A+), including the EPSO-G group of companies, the Ignalina Nuclear Power Plant and KN Energies.

"A high managerial practice has developed in the energy sector, as evidenced by the winning international competitions, the implementation of projects and the work culture. This demonstrates our commitment to the highest management standards and the principles of transparency, which are essential for the efficient and sustainable development of the energy sector," says Dainius Kreivys, Minister of Energy.

In the evaluation carried out by the Governance Coordination Centre, amber grid, Energy cells, Litgrid and Tetas, Ignalina Nuclear Power Plant and KN Energies of the EPSO-G group were evaluated with the highest indicator of good governance (A+). The EPSO-G group company was also given an indicator A in the Baltpool index.

The annual index of good governance of state-owned enterprises (SOEs) is designed to assess and measure how each state-owned enterprise and institution representing the state implements the main good governance practices, which include the recommendations of the Organization for Economic Co-operation and Development (OECD), the provisions of the Property Guidelines, transparency guidelines and selection guidelines, as well as other documents regulating the activities of SOEs and global best practices.

Currently, the SOE Good Governance Index is the most widely measured tool for all SOEs.

The assessment of the SOE index is extremely important and is often included in the shareholder's letters of expectations. Then to the maps of strategic goals and objectives.

You can get acquainted with the latest results of the SOE Good Governance Index in more detail on the website of the Governance Coordination Centre https://governance.lt/valdysenos-indeksas/#indekso-rezultatai

🔍 Key Information

📄
Tender Reference No.
509659270
📅
Publication Date
21 Oct 2024
🌐
Sector
Energy, Power and Electrical
📝
Notice Type
News
📍
Location
Lithuania

📁 Documents & Downloads

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🏷️ CPV

No CPV found

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🕒 Submission deadline
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days remaining · 21 Oct 2024
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🧭 Quick Facts

Authority N/A
Country Lithuania
State / UT N/A
Tender Type Procurement News
Currency N/A
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