• Українською
  • Government transfers a record number of 431 state-run enterprises and 4 large objects for privatization
    Communications Department of the Secretariat of the CMU, posted 03 March 2020 11:59

    Today, the Cabinet of Ministers has transferred a record number of 431 state-owned enterprises to the State Property Fund for further privatization. In total, the Government had already transferred 961 objects within 6 months, which is 10 times more than 10 years earlier.

    "Within 6 months of our work we have transferred 961 objects for privatization. For comparison, from 2008 to 2018, only 93 objects had been transferred. Companies, that have been serving as a source of problems and losses for years, will get a new efficient owner, new jobs," Prime Minister Oleksiy Honcharuk commented.

    Apart from that, the Government transferred 4 objects for large-scale privatization: JSC Bolshevik Plant (JSC "First Kyiv Machine-building Plant"), JSC "State Food and Grain Corporation of Ukraine", SJSC "Bread of Ukraine" and SE "Artyomsol of Ukraine". Enterprises will be restructured and prepared for transparent auctions with the involvement of private investors.

    Government transfers a record number of 431 state-run enterprises and 4 large objects for privatization