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The schedule for ‘big privatization’ tenders – over $10 million – is

Tuesday, March 10, 2020
The schedule for ‘big privatization’ tenders – over $10 million – is

The schedule for ‘big privatization’ tenders – over $10 million – is: Dnipro Hotel and United Mining and Chemical – May; Odesa Port-Side Chemical Plant – August; President Hotel – October; Electrotyazhmash – November; Centrenergo – December. To prepare for sale, the State Property Fund is installing new managers. It is unclear how much success the Fund is having in annulling ‘poison pill’ management contracts.

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Wednesday, March 11
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With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

With the hryvnia down almost 7% against the dollar this year, the central bank intervened Tuesday morning, selling $250 million in foreign currency reserves.

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