PM Shmyhal: Ukrspyrt gets more profit due to successful reform of state-owned enterprises

Revenues of State Enterprise Ukrspyrt have grown due to a successful reform of state-owned companies, according to Prime Minister Denys Shmyhal.

"Over the first nine months of 2020, Ukrspyrt generated 63% more profit than in the same period of 2019. The number of taxes paid rose by UAH 100 million. This is the result of the reform of state-owned enterprises, which now work for the state budget, not individual businessmen,” the prime minister wrote on his Facebook page.

As reported by Ukrinform, Ukrspyrt got UAH 28.1 million in net profit between January-September 2020, which is 63.4% more than in the same period of 2019 (UAH 17.2 million).

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