The Government has Approved a List of Large Privatization Objects

The List of large privatization objects was approved. Right now the Cabinet of Ministers of Ukraine made appropriate decision. This was announced by Vitalii Trubarov, Chairman of the State Property Fund on his Facebook page.

“For sale will be offered:

OJSC Ternopiloblenergo, PJSC Centrenergo, PJSC Zaporizhzhiaoblenergo, JSC Kharkivoblenergo, JSC Mykolaivoblenergo, PJSC Khmelnytskoblenergo, PJSC United Mining and Chemical Company, SE Coal Company “Krasnolymanska”, PJSC Azovmash, SE Plant “Elektrovazhmash”, PJSC Sumykhimprom, PJSC Odesa Portside Plant, OJSC Oriana, PrJSC President-Hotel, State JSC National JSC “Ukragroleasing”, PrJSC “Indar””, clarified the Chairman of the Fund.

He told “for 6 enterprises from the List were chose investment advisors by the Fund last year. But PJSC Odesa Portside Plant, SE Coal Company “Krasnolymanska”, SE Plant “Elektrovazhmash”, PrJSC Indar, PJSC United Mining and Chemical Company are blocked by the court decisions, and accordingly investment advisors didn’t approve and therefore we cannot begin the privatization process”.

“Now is preparing for privatization of PrJSC President-Hotel by investment advisor Concord Consulting in a consortium with Bureau of Markus and Redcliffe Partners.

PJSC Azovmash which didn’t receive any applications from the applicants for the investment advisor, will be prepared for privatization by the State Property Fund.

OJSC Orianaand State JSC National Joint-Stock Company “Ukragroleasing” have got only one application, and therefore regarding these enterprises will be announced re-contests.

For other enterprises from the List of large privatization objects will be announced the contests for selection of investment advisors, said the Fund’s Chairman.