State to get UAH 2 bln from small-scale privatization facilities sale - Economic Development Ministry

The state will receive UAH 2 billion from the sale of small-scale privatization facilities, according to the Ministry of Economic Development and Trade.

"The state will earn UAH 2 billion from the sale of small-scale privatization facilities. However, our goal is to give businesses a chance to launch real production there,” the ministry posted on Twitter.

As reported, the rules of transparent sale of small state-owned enterprises and companies with a significant share of state capital, approved by the Cabinet of Ministers, came into force on June 5.

The State Property Fund of Ukraine determined and made public more than 600 facilities throughout the country, which are going to be sold within the small-scale privatization program in 2018.

iy