Business news from Ukraine

POLISH DIVISION OF ERNST&YOUNG WINS TENDER FOR ADVISER ON CENTRENERGO PRIVATIZATION

6 July , 2017  

KYIV. July 6 (Interfax-Ukraine) – Independent auditor Ernst & Young (EY, the Polish division) has won a tender for the selection of an adviser on the privatization of PJSC Centrenergo , the press service of the State Property Fund of Ukraine has told Interfax-Ukraine.
According to the press service, Rothschild ranked second (also the Polish division).
In addition to these two companies, PwC Ukraine and KPMG Ukraine took part in the competition.
As reported, Centrenergo operates the Vuhlehirsk, Zmiyivska and Trypillia thermal power plants, which have a total installed capacity of 7,660 megawatts. The state owns 78.3% of the shares in the company.