State Property Fund planning to hold 3-4 auctions within large-scale privatization in 2021.

The State Property Fund of Ukraine is planning to hold 3-4 auctions for the sale of large-scale privatization facilities by the end of the current year, according to Head of the State Property Fund Dmytro Sennychenko.

"We will manage to conduct 3 or 4 auctions by the end of the year," he said at a press conference as part of the All-Ukrainian forum “Ukraine 30. Economy without Oligarchs”, an Ukrinform correspondent reports.

Sennychenko also noted that the 2021 budget provides for revenues from privatization in the amount of UAH 12 billion.

"We expect to receive UAH 9 billion from large-scale privatization and UAH 3 billion from small-scale privatization," Sennychenko said.

As reported, Prime Minister Denys Shmyhal said that the government expects that the sale of large state-owned enterprises will replenish the state budget with UAH 12 billion in 2021.

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