Business news from Ukraine

Business news from Ukraine

SPF TO SELL 5% OF ODESSA PORT-SIDE PLANT IN JULY, 25% DNIPROENERGO, KYIVENERGO, ZAKHIDENERGO IN AUGUST, CONTROLLING STAKES IN AUTUMN

11 June , 2015  

KYIV. June 11 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) plans to put 5% each in Odesa Port-Side Plant, Odesa and Kherson combined heat and power plants up for sale in July on the stock exchanges, reads a fund order of June 8 on the approval of the privatization schedule for 2015.

According to the document published in the Vidomosti Pryvatyzatsii newspaper on Thursday, 25% each in DTEK Dniprooblenergo, DTEK Dniproenergo, Kyivenergo and DTEK Zakhidenergo will be put up for sale on exchanges in August.

In September, a 5% stake in Zaporizhiaoblenergo, 25% each in Odesaoblenergo and Texterno in November, 25% each in Donbasenergo and DTEK Donetskoblenergo, 46% in Cherkasyoblenergo and 16.537% in Zasiadko Mine will be put up for sale.

As for auctions where controlling stakes will be put up for sale, in September it is planned to put 70% in Mykolaivoblenergo, 70.009% in Khmelnytskoblenergo, 50.999% in Ternopiloblenergo and 50% in Ukrnaftoproduct up for sale.

In October an auction to sell 65.001% in Kharkivoblenergo, in November 94.99% in Odesa combined heat and power plant, 94.833% in Kherson combined heat and power plant and 94.567% in Odesa Port-Side Plant will be held.

In December, it is planned to hold an auction to sell 55.248% in Zaporizhiaoblenergo and 94.995% in Sumykhimprom.

The fund said that auctions to sell energy facilities and Odesa Port-Side Plant will held if the Cabinet of Ministers decides to sell them.