PM believes public, open privatization to enable Ukraine to overcome corruption and improve management of state-owned enterprises

Public, open privatization will allow Ukraine to improve management of state-owned enterprises, overcome corruption and encourage job creation. Prime Minister of Ukraine Volodymyr Groysman stated this while participating in events on the occasion of Europe Day in Vinnytsia, on Saturday.

"Public and open privatization will make it possible to overcome corruption, improve management of enterprises in Ukraine and, above all, create tens of thousands of additional jobs," he noted.

"All the rest is populism and has no relation to the real economy, to the publicity, to anti-corruption," said Volodymyr Groysman.

The Prime Minister pointed out that delaying public, transparent and effective privatization was caused by those directly involved in the corruption at state-owned enterprises. According to him, public privatization has always been criticized by those "involved in the flows of state-owned enterprises", as it makes fighting corruption possible.

The Prime Minister reminded that the day before the Cabinet of Ministers appointed heads of two state-owned enterprises JSC Ukrzaliznytsia and Ukrposhta that were elected on a competitive basis. "We will do our utmost to ensure that management of Ukrainian companies be professional and transparent through appointments on a competitive basis," highlighted Volodymyr Groysman.