Business news from Ukraine

GOVERNMENT SEEKS TO SELL ARTYOMSOL, UKRSPYRT, BILSHOVYK R&D COMPANIES IN 2017

8 September , 2016  

KYIV. Sept 8 (Interfax-Ukraine) – Ukraine’s Cabinet of Ministers has expanded the list of facilities to be put up for sale in 2016-2017 after they were removed by the Verkhovna Rada from the list of companies ineligible for privatization. The list includes Artyomsol, Ukrspyrt state-run enterprises, Bilshovyk research and development (R&D) enterprise and Lviv state-run jewelry factory.

The amendments are outlined in government resolution No. 588 dated August 31, 2016 posted on its website.

According to the document, the list also includes PJSC Electroprylad R&D complex, Powder Metallurgy Plant, Cherkasy Instrument-Making Plant, the property of Azov Shipyard and Ukrinterautoservice.

The updated list also has eight regional peat state-run enterprises, Kharkiv Electromechanical Plant, Melitopol Plant Hydromash, Kyiv Automatics Institute, Chimtextilmash, 60.888% of shares in PJSC Berezhny Ukrainian Refractory R&D Center, 72.692% in PJSC Conveyor Building R&D Institute and Ukrzinc.

In addition, the list includes several state-run R&D institutes in aviation industry, titanium, ferroalloys, nitrogen and nitrogen compound making industry, organic synthesis, wagon building, coal chemistry, coke chemistry, mining and textile industry and other sectors.