By the end of this year 780 state companies should be transferred to the agency responsible for privatizations,

By the end of this year 780 state companies should be transferred to the agency responsible for privatizations, the State Property Fund, Dmytro Sennychenko, head of the Fund, tells the UBN. This would be eight times the number shifted to the privatization agency in the previous 15 years. About 40% of these companies are not viable and have to be liquidated, he estimates.