Business news from Ukraine

SPF WAITING FOR PROPOSALS OF POTENTIAL INVESTORS TO PRIVATIZE ELECTROTYAZHMASH PLANT

26 December , 2016  

KYIV. Dec 26 (Interfax-Ukraine) – Ukraine’s State Property Fund (SPF) is waiting for the proposals of potential investors regarding the privatization of state-run enterprise Electrotyazhmash plant (Kharkiv), a large global turbogenerator and traction electric machine manufacturer.

The fund’s press service reported last week that potential investors can send their proposals via filling in a special form.

According to the report, the enterprise is working on several promising directions to expand production: production of hydrogenerators for small and mini hydroelectric power plants, turbogenerator equipment for powerful thermal power plants, turbogenerators for nuclear power plants and induction motors for city electric transport.