KPMG Ukraine consulting firm has won the tender for the selection of an advisor for the preparation for privatization and sale of 100% of the charter capital of JSC First Kyiv Machine Building Plant (formerly Plant Bilshovyk, Kyiv), the press service of the State Property Fund of Ukraine (SPF) has told Interfax-Ukraine.
“The winner was KPMG Ukraine. There were three applications in total. KPMG won, as it scored the most points. The agreement with KPMG has already been signed. Documents are being prepared for the approval of the privatization adviser by the Cabinet of Ministers,” the press service told the agency.
As reported, at the end of September 2020, Head of the State Property Fund Dmytro Sennychenko said that Bilshovyk Plant was included in the list of objects for privatization formed by the fund for next year.
According to the information on the SPF’s website, the tender for the selection of a privatization adviser was announced in August this year. At the same time, the tender committee made a number of decisions for the successful privatization of this asset.
“Despite resistance, attempts to alienate property by raider methods and political pressure, we are moving privatization forward. At a transparent tender, an advisor will be selected who will qualitatively prepare the privatization object to attract an investor,” Sennychenko said.
The Ministry of Infrastructure is mulling several options for cooperation with foreign partners on the project for building high-speed railways, according to the ministry’s website.
Infrastructure Minister of Ukraine Vladyslav Krykliy on October 16 met with the director of the Hyundai Corporation representative office in Ukraine. First Deputy Minister Dmytro Abramovych also took part in the meeting.
Krykliy noted that Ukraine is interested in cooperation with Hyundai Corporation.
“The selection of a partner for the implementation of the project for construction of high-speed railways will be carried out on the basis of analysis of the proposed conditions, which should be beneficial for Ukraine. The project requires an integrated approach, in particular, in terms of financing, timing of implementation, the possibility of preparing a feasibility study using grant funds, etc.,” the ministry said.
During the meeting, the director of the Ukrainian representative office of Hyundai Corporation announced his interest in the implementation of infrastructure projects in Ukraine.
During the meeting, the parties also discussed the use of rolling stock on high-speed railways and models for financing infrastructure projects.
Top 20 countries of Ukraine’s foreign trade partners in Jan-July of 2020 (thousand USD).
The deficit of Ukraine’s foreign trade in goods in January-August 2020 decreased 59.4% compared to January-August 2019, to $2.399 billion from $5.915 billion, the State Statistics Service reported on Thursday.
According to its data, the export of goods from Ukraine for the reporting period compared to the same period in 2019 decreased 6.6%, to $30.843 billion, imports fell by 14.6%, to $33.242 billion.
The State Statistics Service said that in August 2020, compared with July 2020, the seasonally adjusted volume of exports increased 5%, to $4.068 billion, imports grew by 1.6%, to $4.462 billion.
The seasonally adjusted foreign trade balance in August 2020 also saw a deficit and amounted to $393.6 million, which, however, is better than the previous month ($517.2 million). The export coverage ratio of imports in January-August this year amounted to 0.93 (in January-August 2019 it was 0.85).
The State Statistics Service said that foreign trade operations were carried out with partners from 225 countries.
National bank of Ukraine’s official rates as of 16/10/20
Source: National Bank of Ukraine