Business news from Ukraine

Business news from Ukraine

SPF PLANS TO SELL ODESA PORT-SIDE PLANT, CENTRENERGO, GRAIN CORPORATION AND TURBOATOM IN 2018

18 October , 2017  

KYIV. Oct 18 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) plans in 2018 to sell Odesa Port-Side Chemical Plant, Centrenergo, Turboatom, six regional power supply companies, the Agrarian Fund, the State Food and Grain Corporation of Ukraine, acting SPF head Vitaliy Trubarov has stated.
“The fund expects the transfer of the Agrarian Fund and the State Food and Grain Corporation of Ukraine. As for Turboatom, we are now working with the Cabinet to determine the size of the stake which will be put up for sale,” he said at a meeting of the American Chamber of Commerce.
Trubarov informed that an inventory has already been completed at Odesa Port-Side Chemical Plant, while the starting price of the enterprise will be determined in November.
“In November we will get the starting price, and in December this year, if all participants in the process meet the deadlines, we’ll manage to start accepting applications from potential investors so that we could start the sale itself in spring 2018,” the SPF head said.