KYIV. June 26 (Interfax-Ukraine) – Ukraine’s Ministry of Economic Development and Trade plans to receive UAH 17 billion from the privatization of state-owned enterprises.
“There is the goal – to have UAH 17 billion in the budget from privatization. It is now not clear which companies will be privatized by the end of the year. This is a question to the State Property Fund,” senior adviser to the economy minister, Adomas Audickas, said at a briefing.
According to him, the aim of state enterprises reform is to increase the efficiency of their work, as well as the privatization of non-strategic objects.
“Non-strategic companies, which have no other purpose as to “make” money, should be privatized,” the official said.
According to the expert, Ukraine currently has 1,833 operating state companies, another 1,500 are not working or are undergoing liquidation.
“This is much more than in other countries,” he said.
According to the survey of the top 100 state-owned enterprises of Ukraine, which was posted on the ministry’s website, the top 100 state-owned enterprises account for about 80% of total revenue and about 90% of assets of the entire state enterprises sector.
