On December 1, 2018, the President of Ukraine signed the Decree No. 404/2018 «On presenting State Awards of Ukraine on the occasion of the 27th anniversary of the confirmation by the All-Ukrainian referendum of the Declaration of Independence of Ukraine on December 1, 1991».
According to the Presidential Decree that states the awards are given to persons who have made a significant personal contribution to the development of the state, the socio-economic, technological, cultural and educational development of Ukraine, Kuzmin Oleh, Director of the Institute of Economics and Management of Lviv Polytechnic National University, was awarded the Order of Merit 2nd Class.