Business news from Ukraine

SPF SELECTS APPRAISERS FOR FOUR REGIONAL POWER SUPPLY COMPANIES

1 March , 2016  

KYIV. March 1 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) at a tender has selected companies that will appraise the controlling stakes in four power supply companies and signed contracts with them.

The fund said that Ukrconsult expert agency LLC (Odesa) will appraise 70% of shares in public joint-stock company Mykolaivoblenergo, Northeast Consulting Group LLC (Kharkiv) will appraise 65.001% of shares in public joint-stock company Kharkivoblenergo, the United Enterprise for Appraisal of Special-Purpose Facilities and Investment – Ukraine LLC (Kyiv) will appraise 70.009% of shares in public joint-stock company Khmelnytskoblenergo and Orientyr-Reforma LLC (Ternopil) will appraise 50.999% of shares in public joint-stock company Ternopiloblenergo.

Deputy SPF Head Natalia Lebed said that thanks to the transparent tender and selection of worthy candidates the shares of regional power supply companies will be appraised at the highest professional level using best international practices and experience.

“Local companies won the tender. They have a large number of appraisers and more than 10-year experience of work, including in appraising assets in the energy sector,” she said.

The SPF has started preparing for the holding of tenders to sell 70% of shares in public joint-stock company Mykolaivoblenergo, 70% of shares in public joint-stock company Khmelnytskoblenergo, 65% of shares in public joint-stock company Kharkivoblenergo, 50.999% of shares in public joint-stock company Ternopiloblenergo and 50% plus one share in public joint-stock company Ukrnaftoproduct.

The tenders to sell the shares of the companies will be held in the form of open auctions.