"Today we have approved transfer of another 76 state-owned enterprises (SOEs) for privatization. 415 out of 500 SOEs that should be transferred by the end of the year have already been transferred to the State Property Fund of Ukraine. In the case of privatization, the budget could earn up to 6 billion hryvnias from their sale," Prime Minister of Ukraine Oleksiy Honcharuk commented on the transfer.

In total, 339 state objects were transferred from the Ministry of Economic Development, Trade and Agriculture, the other 76 enterprises were transferred from the sphere of management of the Ministry of Energy and Environmental Protection, the Ministry of Infrastructure, and the State Management of Affairs - in total from 6 state bodies.

Objects are located all over Ukraine.

Now the State Property Fund must sell the property received transparently and at the best possible price.

It should be noted that privatization is one of the Government's priorities enshrined in the Government's Action Program. The list of state property that is subject to privatizion includes large and small objects. Such objects as Titanium Institute, the Lviv State Jewelry Factory, the Skadovsk Sea Commercial Port, the Ust-Dunaisk Sea Commercial Port and many others have already been transferred.

In total, the Ministry of Economic Development, Trade and Agriculture analyzed over 1400 SOEs that can be transferred for privatization.

The abovesaid enterprises, or more precisely their property, will be put up for transparent auctions, where anyone can buy it in the process of open bidding.

The decision of the Government is part of the planned privatization of state property and an objective within the framework of implementation of the Decree of the President of November 5 on the transfer of 500 objects for privatization by December 31, 2019.

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