SPFU announces a large-scale privatization and the leasing of state land for agricultural purposes.

Friday, December 1, 2023
SPFU announces a large-scale privatization and the leasing of state land for agricultural purposes.

In 2024, the State Property Fund of Ukraine plans to sell enterprises as part of large-scale privatization but also to hold auctions for leases of state-owned agricultural land, said the head of the fund, Vitaliy Koval.

As he clarified, large-scale privatization involves putting assets on the market such as the Odesa Port Plant, Centrenergo, United Mining and Chemical Company, Ukrainian Energy Machines, Elektrovajmash, and Sumikhimprom.

“Currently, small-scale privatization is taking place, and soon we plan to put large-scale privatization objects on the market with a starting value of ₴250M“, announced Koval.

Also, in 2024 auctions of the rights to lease state-owned agricultural land will begin.

In addition, the SPFU will function as the largest owner of brownfield assets, representing inactive or abandoned enterprises with connected communications that are actively included in the privatization process.

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