Yulia Svyrydenko holds meeting with leadership of State Property Fund and State Service of Geology and Mineral Resources

Prime Minister of Ukraine Yulia Svyrydenko held a meeting with the Head of the State Property Fund of Ukraine, Dmytro Natalukha, and the Acting Head of the State Service of Geology and Mineral Resources, Leonid Muzykus.

The Head of the State Property Fund reported on the status of the sale of sanctioned assets and the implementation of the schedule for their sale, as approved by the Cabinet of Ministers. These cover 26 objects across the country.

“The Government is providing full support to ensure that the first sanctioned assets are put up for auction as quickly as possible,” noted Yulia Svyrydenko.

According to the schedule, the first assets to be offered for sale will include the Ocean Plaza shopping mall (LLC “Investment Union ‘Lybid’”), LLC “Mykolaiv Alumina Plant”, the hotel in Bukovel owned by LLC “Amstel-Ski”, and LLC “Demurynskyi Mining and Processing Plant”.

The Acting Head of the State Service of Geology and Mineral Resources reported on inspections of “dormant” and problematic special permits for strategic minerals and oil- and gas-bearing subsoil.

“The Government expects the first results. If a deposit has been idle since before the start of the full-scale invasion, the licences will be revoked. Assets must not stand idle; they must work for the economy,” emphasised the Prime Minister.

Yulia Svyrydenko instructed that the audit of licences be accelerated and that systemic decisions in the field of subsoil use be reached in March.