Cabinet of Ministers transfers 530 state enterprises for privatization

Prime Minister Oleksiy Honcharuk wrote about this on his Telegram channel.

"The government has transferred 530 state-owned enterprises for privatization. Over almost four months more state-owned facilities have been transferred for privatization than over all 28 years of independence. This will attract investments in some state-owned enterprises and increase salaries of employees," Honcharuk wrote.

He added that the total balance of assets agreed for privatization reaches over UAH 12 billion and transparent auctions through ProZorro.Sale will be launched in 2020.

As Ukrinform reported, the Verkhovna Rada in October 2019 approved the law cancelling the list of objects that are not subject to privatization. The document introduces amendments to the law of Ukraine on privatization of state and municipal property on determining the criteria for objects that are not subject to privatization. In particular, the state property objects located in the temporarily occupied territories are not subject to privatization until the full restoration of Ukraine´s constitutional order in these territories.

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