Business news from Ukraine

SPF PLANS TO SELL 25% IN DNIPROENERGO, ZAKHIDENERGO, DONBASENERGO, 5% IN ODESA PORT-SIDE PLANT IN NOV, 10% IN CENTRENERGO IN DEC

24 September , 2015  

KYIV. Sept 24 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) has once again revised the privatization schedule for 2015 and now plans to sell 25% of shares in power generating companies DTEK Dniproenergo, DTEK Zakhidenergo and Donbasenergo, and 25% of shares in Sumyoblenergo and Odesaoblenergo on the stock exchange in October.

The decision is stipulated in fund resolution No. 1345 of September 14 which was published in the Vidomosti Pryvatyzatsii newspaper.

According to the report, in November 5% of shares in Odesa Port-Side Plant, Sumykhimprom, Odesa and Kherson combined heat and power plants will be sold, along with 5% of shares in Zaporizhiaoblenergo, which has not yet had any of its shares sold, and 25% of shares in DTEK Dniprooblenergo and Kyivenergo, which will be left in state ownership after privatization tenders.

The fund plans to sell 25% of shares in DTEK Donetskoblenergo, 46% of shares in Cherkasyoblenergo, and 16.537% of shares in Zasiadko Mine on the stock exchange in December.