PM Groysman promises to put an end to shadow privatization

PM Groysman promises to put an end to shadow privatization

Ukrinform
Prime Minister of Ukraine Volodymyr Groysman says that the introduction of new rules for the privatization of state-owned enterprises will put an end to the shadow component of this process.

"The state-owned enterprises of strategic importance will not be sold. Small enterprises will be sold through an electronic auction like ProZorro absolutely openly and transparently, there will be no controlled privatization... This decision will put an end to the shadow privatization in the country. It is a strong blow to corruption," Groysman said at the Cabinet’s meeting on Thursday, an Ukrinform correspondent reports.

It is necessary to attract highly qualified advisers to the process of preparation for privatization of large state enterprises, who will correctly prepare it and provide information to the potential buyers and investors, Groysman noted.

As reported, the Verkhovna Rada of Ukraine adopted the Law "On Privatization of State Property" on January 18, 2018.

In March, the State Property Fund reported that they had approved about 600 facilities of small-scale privatization, which will be put up for sale in 2018.

ol


Let’s get started read our news at facebook messenger > > > Click here for subscribe

While citing and using any materials on the Internet, links to the website ukrinform.net not lower than the first paragraph are mandatory. In addition, citing the translated materials of foreign media outlets is possible only if there is a link to the website ukrinform.net and to the website of a foreign media outlet. Citing and using materials in offline media, mobile apps, Smart TV are allowed only with written permission from Ukrinform. News and publications marked as "Advertisement" and "PR" and articles in the section "Releases" include promoted content, and an advertiser is responsible for the content.

© 2015-2019 Ukrinform. All rights reserved.

Website design Studio Laconica

Extended searchHide extended search
By period:
-