State Property Fund approves list of enterprises for privatization in 2018

The State Property Fund has approved a list of enterprises for privatization in 2018, the fund’s press service reports. 

The approved list includes almost 100 facilities, among which are energy companies PJSC Sumykhimprom, JSC Lvivskyy Zavod Avtonavantazhuvach, PJSC Osnastka, Kryvyi Rih Central Heating Plant, PJSC Lviv Coal Company, Zaporizhzhia RE Zaporozhye Titanium & Magnesium Combine Company and others.

According to State Property Fund Head Vitaliy Trubarov, the Fund plans to fulfil a plan of incomes from privatization for the amount of UAH 22.5 billion.

"This is the real amount the fund will fulfill. In the near future, the Verkhovna Rada will adopt a new law on privatization, which will not only simplify privatization process and shorten a preparation period, but also become clear to investors. Therefore, next year should become a year of great privatization," the fund's head noted.

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