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Ukrainian Government approves privatization of over 300 State-owned enterprises
13.05.2015 14:55 "Agro Perspectiva" (Kyiv) —
The Ukrainian Cabinet has approved privatization in the current year of Odesa Portside Plant,
Sumykhimprom, a number of sea ports, Centrenergo and the remaining State shares in thermal generation and power companies, UNIAN reports.
As to the report, this has been stated in the Resolution of the Cabinet No. 271 as of May 12, «On conducting a
transparent and competitive privatization in 2015», which was published on the Gov Website.
The resolution lists 286 entities subject to privatization.
Reportedly, the list also includes another 43 entities included on the no-privatization list, but which may be sold under a decision of the Verkhovna Rada, Ukraine’s Parliament.
As to the report,the list also includes a number of companies under the authority of the Ukrainian Ministry of Agrarian
Policy and Food, State coal enterprises and mines, Ukrtorf concern, scientific and production association Electronmash,
and the President-Hotel.
As told in the document, the Cabinet has instructed the Ukrainian State Property Fund to put these companies up for sale through an open competitive auction, without setting limits for the admission of participants, except as required by law, and with regard to sanctions that have been imposed.
In addition, the government instructed the Ministry of Economic Development and the State Property Fund to hold special meetings with investors, if necessary.
As to the earlier report, the Cabinet intends to ban Russian companies and structures
associated in any way with the financing of terrorism and separatism in eastern Ukraine from
participating in the privatization of the Ukrainian State property.
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