Ukraine plans to liquidate 1,278 state-owned enterprises. The State Property Fund (SPFU), which currently manages 2,364 state-owned enterprises, made the decision. The department claims that 82% of state enterprises are unproductive, exist only on paper, and... #PrivatizationinUkraine #StatePropertyFund #UkraineStateOwnedEnterprises
The largest Ukrainian shopping mall, Ocean Plaza, will be privatized, and the proceeds will be directed to Ukraine’s restoration. The Cabinet of Ministers has transferred the state’s share of the Ocean Plaza shopping and entertainment center to the State Property Fund (SPFU). In addition, the government has ordered its assets to... #ArkadyRotenberg #OceanPlaza #PrivatizationinUkraine #StatePropertyFund #UkraineReconstruction
Kyiv’s Electronmash plant was sold as part of small privatization on the third attempt. The state property fund (SPFU) held an online auction to sell the Kyiv Electronmash factory. During the auction, six companies participated in the bidding. The final bid almost doubled from UAH 61.2M ... #Electronmash #ElectronMashPrivatization #PrivatizationinUkraine #StatePropertyFund
State privatization has delivered UAH 372M to the budget in two months. Auctions for the privatization of state and communal property on the Prozorro.Sales portal over two months brought UAH 372M to Ukraine’s budget, Prozorro.Sales reported. To date, 43 auctions have been... #PrivatizationAuctions #PrivatizationinUkraine #Prozorrosales
The Azov Shipyard has been put up for auction for UAH 211M. The State Property Fund of Ukraine has put up for online auction the Azov Shipyard state enterprise located in Mariupol at a starting price of UAH 211.4M, reported Ukrrudprom. The privatization packag... #AzovShipyard #PrivatizationinUkraine
The State Property Fund (SPFU) again canceled the auction for the privatization of JSC United Mining and Chemical Company (OGHC), which was to take place on October 29. The cancellation was due to the fact that it only received two bids. One of them did not meet the requirements of current legislation, and it is impossible to ho... #privatization #PrivatizationinUkraine #UnitedMiningandChemicalCompany
The Rada passed a bill yesterday to resume privatization of large state owned corporations – one year after sales were suspended due to the coronavirus pandemic. The State Property Fund hopes to raise as much as $430 million this year by selling six large state companies, including Kyiv’s President Hotel, Kyiv Bolshevik Plant, the Odesa Portside Plant and Unit... #KyivBolshevik #KyivPresidentHotel #privatization #PrivatizationinUkraine #StateOwnedCorporations #StatePropertyFund #UnitedMining
Private investment will breathe economic life into dead state assets, Economy Minister Ihor Petrashko wrote on the Ministry website. He said: “Removing restrictions on the sale of large state-owned enterprises will not only fill the state budget, but also attract large ... #IhorPetrashko #investments #privatization #PrivatizationinUkraine #StateAssets #StateCompaniesforSale