Business news from Ukraine

Business news from Ukraine

UKRAINE UNLOCKS LARGE-SCALE PRIVATIZATION

31 March , 2021  

The Verkhovna Rada has passed at the final reading government’s bill No. 4543 on unlocking the large-scale privatization process.
An Interfax-Ukraine correspondent has reported that 257 MPs backed the bill with the required 226 votes.
As reported, large-scale privatization was suspended due to the entry into force of Law No. 540-IX dated March 30, 2020, which, in connection with the quarantine, imposed restrictions on the privatization of large facilities – both preparation for sale and holding the auctions. Bill No. 4543 removes this provision.

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