Twelve distilleries of Ukrspirt, the state alcohol producer, may be next in line for privatization,

Wednesday, August 12, 2020
Twelve distilleries of Ukrspirt, the state alcohol producer, may be next in line for privatization,

Twelve distilleries of Ukrspirt, the state alcohol producer, may be next in line for privatization, Dmytro Sennychenko, chairman of the State Property Fund, said yesterday at the opening in Kyiv of AgroExpo 2020. Until the state monopoly on alcohol production was abolished earlier this year, Ukraine’s production of ‘cooking’ alcohol had quadrupled during the 2010s. For the Ukrspirt privatization to be successful the government must first approve the Alcohol Reform and Development Program, regulations which will provide for the procedure and conditions of sale.

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About 200 more state companies will be transferred to the State Property Fund for privatization,

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