The State
Property Fund of Ukraine (SPF) plans to put up for sale 450 state-owned
entities, including 20 large enterprises, 50 medium-sized companies, and 380
small entities, the SPF press service reported.
"The #State_Property_Fund will use any sales methods available," the press
service said.
As UNIAN reported
earlier, the 2016 budget projects proceeds from privatization at UAH 17.1
billion.
Odesa Portside
Chemical Plant (OPP) is the first and major asset on the privatization list. A
99.6% state stake in the OPP is planned to be sold during the auction scheduled
for June 30. Sale of the OPP is expected to bring $500 million in revenue.
In addition,
the SPF also plans to sell 70% of shares in Khmelnytskoblenergo, 65% of shares
in Kharkivoblenergo, 70% of shares in Mykolaivoblenergo, 50.9% of shares in
Ternopiloblenergo and 99.9% of shares in Dniprodzerzhynsk heating and power
plant. Auctions are scheduled for June this year.
In addition,
the SPF plans to sell 25% share stakes in Donbasenergo, Sumyoblenergo,
Odesaoblenergo in May of 2016; in June – DTEK Zakhidenergo, DTEK Dniproenergo,
DTEK Dniprooblenergo and Kyivenergo; in October – DTEK Donbasoblenergo.
Moreover, 46% of shares of Cherkasyoblenergo is planned to be sold through the
stock exchange in July.
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