Ukraine’s goal of quadrupling revenues from the sale of state companies this year “is entirely realistic,” wrote

Dmytro Sennychenko, the Head of the State Property Fund, in an Atlantic Council blog: “Ukraine moves closer to large-scale privatization breakthrough.” The $430 million goal will be met through the sale of “blue chip assets:” United Mining and Chemical Company, the President Hotel and six regional power distribution companies, or oblenergos. Sixteen companies – “mostly from abroad” – are interested in United Mining and Chemical, which mines titanium-zircon deposits and produces rutile, ilmenite and zircon concentrate.