The privatization of state objects in Ukraine should start with the sale
of the largest enterprises, President of the Warsaw Stock Exchange (WSE) Board
Pawel Tamborski, who is a member of the supervisory council for the reform of
state enterprises under the Ministry of Economic Development and Trade of
Ukraine, has said.
"We [the supervisory council] have just started work: under the
leadership of Odesa Region Governor Mikheil Saakashvili we gathered a
professional team, consisting of representatives of the European Bank for
Reconstruction and Development (EBRD), the World Bank, as well as experts from
Ukraine, having international experience.
The council in terms of its structure consists of several departments
and I was involved in the division responsible for privatization. Speaking
about the privatization process, we encourage our colleagues in Ukraine first
to enter the market with relatively large transactions, which to some extent
reflect the state of the county's economy. This is what helps to attract
international investors and expand their presence in Ukraine, which in the
future might serve as a foundation for the development of the domestic stock
market," he said while speaking at Warsaw Capital Market Summit 2015 in
Warsaw.
According to him, relevant transactions could be carried out not only
through the capital market, but also by special procedures - through sales to a
strategic investor or merger and acquisition procedures (M&A).
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