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Ukraine’s international partners will help the State Property Fund to look for investors.

Ukraine's international partners will help the State Property Fund to look for investors.

The SPFU and G7 representatives

The head of the SPFU, Rustem Umerov, discussed the start of large-scale privatization and the issue of improving corporate governance with the ambassadors of the G7 countries and the EU. The SPFU and G7 representatives will work together to enhance corporate governance and the launch of large-scale privatization.

The international partners support the start of large-scale privatization and are ready to facilitate presentations in their countries’ business communities. The message reads that the search for strategic investors is an opportunity for development and a path to leadership in the world market.

According to the SPFU, the first assets to be put up for privatization will be Odesa Portside Plant, UMCC Titanium, and Centerenergo. Another topic of discussion during the meeting was corporate governance reform, within which OECD principles are being implemented in Ukraine, which will facilitate the transparent selection of supervisory boards.

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