The Cabinet of Ministers has transferred eight state-owned enterprises to the management of the State Property Fund (SPF): Ecotransenergo, Kharkiv Industrial and Trade Enterprise, State Scientific and Technological Production Enterprise Veresk, Settlement and Clearing Center, Industrial and Metallurgical Consulting, state-owned enterprise State Information Analytics, Polupanivka Quarry, as well as the state institution Partner Fund.
The resolution was adopted by the government at a meeting on Wednesday without discussion.
According to an explanatory note to the draft resolution, out of these enterprises, as of July 1, 2020, only three were economically active. These are Ecotransenergo, Kharkiv Industrial and Trade Enterprise, and State Information Analytics.
The total value of Ecotransenergo’s assets as of in the middle of 2020 was estimated at UAH 47 million, Kharkiv Industrial and Trade Enterprise – UAH 22 million, while the value of their assets in the first half of 2020 fell by 6.5% and 3%, respectively, according to the document.
In the first half of last year, both companies posted losses totaling over UAH 4 million, while Ecotransenergo also has wage arrears of over UAH 1.7 million.
As indicated in the explanatory note, there is no data on the activities of SOE State Information Analytics.
CABINET OF MINISTERS, ENTERPRISES, PRIVATIZE, STATE-OWNED
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