The Ukrainian Sea Ports Authority of Ukraine counts on the successful completion of the corporatization process by the end of 2019 if it is included in the list of strategic companies that can be corporatized before the end of 2018, head of the agency Raivis Veckagans has told Interfax-Ukraine.
“We hope that by the end of the year, the Cabinet of Ministers will decide to include us in the list of strategic companies that can be corporatized. And in this case, we aim to complete corporatization in a year, because we need to change the legislative framework,” he said.
According to Veckagans, the corporatization of the Ukrainian Sea Ports Authority will mean, first of all, a greater transparency of the structure for the market, as well as acceleration of administrative processes within the company.
“It is important for us after the completion of corporatization and the creation of the supervisory council to have the opportunity to manage the assets held on the balance sheet of the company and use them effectively to attract cargo traffic, that is, income,” he stated.
© 2016-2020, Open4Business. All rights reserved.
All news and diagrams placed on this Web site is made for internal use. Its reproduction or distribution in any form are welcome in case of placing a direct hyperlink to a source. Reproduction or distribution of information which contains Interfax-Ukraine as a source is prohibited without the written permission from the Interfax-Ukraine news agency. Photoes placed on this site are taken from open sources only; rightholder are welcome to make demands to email@example.com , in this case we are ready to put your copyright to a photo or replace it.