The Cabinet of Ministers re-approved the listing of 16 large state companies for privatization.

The Cabinet of Ministers re-approved the listing of 16 large state companies for privatization. The list is part of a larger group of 23 approved for privatization last summer. None were sold. For five companies, proceeding were held up in December by court challenges made by companies that lost tenders for advisory work. In an election year, analysts are skeptical that big companies will be sold. However, ProZorro auctions continue weekly for state owned properties under $9 million.