The Ukrainian Parliament supports the resumption of large-scale privatization. In addition, the transfer of confiscated sanctioned assets to the State Property Fund has been simplified. The new draft law envisages expanding the powers of the head of the State Property Fund (SPFU... #BigPrivatizationUkraine #PrivatizationUkraine #ReformsinUkraine #StatePropertyFund
The OGHC privatization adviser appealed to the government for additional guarantees to protect investors. 29 potential investors, 16 of them external, were interested in the asset and signed a confidentiality agreement. Most of them refused to participate in the auction due to the lack of time allocated f... #BigPrivatizationUkraine #privatization #ZelenskiyBigPrivatization
Borshchiv distillery to be privatized and sold for a starting price of ₴21 mln ($795,000) . The State Property Fund (SPFU) will put the Lipnytsia distillery in the Zhytomyr region up for an online auction to take place on November 19, 2021. The asset is being sold along with real estate in... #BigPrivatizationUkraine #DistilleryforSale #privatization
‘Big Privatization’ starts this month with the goal of raising almost half a billion dollars for the Treasury by the end of this year, Prime Minister Shmygal writes on Telegram. This would be more than five times the $83 million raised last year. Shmygal instructed the Economy Ministry and the State Property Fund to draw up by the en... #BigPrivatization #BigPrivatizationUkraine #ZelenskiyBigPrivatization
Yesterday the Rada approved in its first reading, a bill designed to speed up privatizations of state companies. The bill ensures that large privatizations will now undertaken through online auctions and 10% of all funds raised from small scale privatizations will be allocated to local budgets. Dmitry Sennychenk... #BigPrivatizationUkraine #SpeedingupPrivatization #UkraineSpeedsupPrivatization
‘Small’ privatizations – the sale of state assets that litter Ukraine 30 years after the collapse of communism – netted the government $61 million during the first half of this year. This is four times the amount of the same January-June period last year, the State Property Fund writes on Facebook. Increasingly popular, the sales are online, are open to bidders from across the nat... #BigPrivatizationUkraine #PrivatizationinUkraine
The Defense Ministry is transferring three hotels to the State Property Fund for privatization , Tymoshenko said yesterday. They are: the Kozatsky on Kyiv’s Maidan, the Vlasta in Lviv and the Bratislava in Kryvy Rih. #BigPrivatizationUkraine #HotelsForPrivatization #HotelsgotoStatePropertyFund
Since last fall, the sale of distilleries has netted the government $55 million. The Property Fund aims to sell 900 state properties this year, most of them are considered ‘small’ or under $10 million in value. To generate more grass roots support, the Rada is considering a bill t... #BigPrivatizationUkraine #UkraineGovernmentsellsAssets #UkrainePropertyFund
