Business news from Ukraine

SPF STARTS PREPARING 25% OF SHARES IN SUMYOBLENERGO FOR SALE

8 June , 2016  

KYIV. June 8 (Interfax-Ukraine) – Ukraine’s State Property Fund (SPF) has started preparing for the sale of 25% plus one share stake in public joint-stock company Sumyoblenergo, an electricity supply company at a stock exchange.

According to SPF order No. 1047 of May 30, the documents from the company’s board chairman are to be passed to the property appraisal department of the fund before Jun 21, 2016.

The fund on April 15 scheduled the sale of the blocking stake in Sumyoblenergo for September 2016.

Businessmen Ihor Kolomoisky and Konstantin Grigorishin hold around 72% of shares in Sumyoblenergo.