Shmyhal says Ukraine will fulfill this year's UAH 12B privatization plan.

The State Property Fund should ensure planned revenues to the budget in the amount of UAH 12 billion from the large-scale privatization of state-owned enterprises by the end of the year, Ukrainian Prime Minister Denys Shmyhal has said.

He said this at a press conference on Tuesday, answering a question from an Ukrinform correspondent.

"In general, there are a lot of objects for large and small privatization. In other words, last year and this year, there were hundreds of objects of different scales: from small premises to large integral property complexes. This year, we plan to receive revenues from privatization, in particular large-scale privatization, in the amount of UAH 12 billion. The State Property Fund promises to implement this plan. So far, we are waiting for this implementation," Shmyhal said.

He said that 12 objects were to be privatized this year. However, according to him, for objective reasons, six thermal power plants were transferred from the State Property Fund to the management of Naftogaz so as "to calmly prepare for and go through the heating season."

Shmyhal said that as soon as the issue of debts at these enterprises is settled, the privatization process will then continue.

He added that these thermal power plants would not be privatized this year.

Shmyhal also said that the tender for the privatization of JSC United Mining and Chemical Company was to take place on August 31, but was postponed to November.

"Unfortunately, not all bidders -- and there were 19 applications from different bidders, both Ukrainian and foreign companies -- had time for preparation. In this regard, the State Property Fund of Ukraine and the Ministry of Economy have decided to postpone the tender for two months. The tender will be held in November. It will be one of the largest objects of large-scale privatization this year, with a starting price of UAH 3.7 billion," Shmyhal said.

op

UkrInform

Ukraine and world news. Ukrinform brings the latest news, daily news, political news, business news, social news, cultural news, sports news, international news

https://www.ukrinform.net/

Related news
Ryanair eyes expansion in Ukraine

Ryanair eyes expansion in Ukraine

Ryanair CEO Michael O'Leary says that the Irish low-cost carrier plans to significantly expand its presence in the Ukrainian market.

UkrInform

Ukraine, Germany continue energy efficiency cooperation - Bezus.

Ukraine, Germany continue energy efficiency cooperation - Bezus.

Ukraine and Germany continue the cooperation in implementing modern energy efficiency policy for sustainable development and improving the welfare of society, Valariy Bezus, Head of the State Agency on Energy Efficiency and Energy Saving of Ukrain...

UkrInform

ASOS targets net zero carbon emissions by 2030

ASOS targets net zero carbon emissions by 2030

Online fashion retailer ASOS has set a target of net zero carbon emissions across the supply chain by 2030. Chief Executive Nick Beighton spoke to Sky's Ian King about its news sustainability strategy. SUBSCRIBE to our YouTube channel for more vid...

Germany's COVID vaccination rate stagnates at 62% - DW News.

Germany's COVID vaccination rate stagnates at 62% - DW News.

Germany has launched another push to encourage people to get vaccinated against COVID 19. Just over 60 percent of people here have been jabbed - far fewer than in some other European nations. The majority of patients in intensive care are UNvaccin...

CBSN Originals - Ghost Light: The Year Broadway Went Dark.

CBSN Originals - Ghost Light: The Year Broadway Went Dark.

"From the ushers and stagehands to conductors, writers and actors, the Broadway community spent more than a year without knowing when they’d be back to work. In the absence of a paycheck during the COVID-19 pandemic, many were forced to leave thei...

Joe Biden ‘FORGETS’ Australian PM’s name & calls him the ‘Fellow Down Under’ in latest gaffe.

Joe Biden ‘FORGETS’ Australian PM’s name & calls him the ‘Fellow Down Under’ in latest gaffe.

PRESIDENT Joe Biden appeared to forget the Australian Prime Minister's name and resorted to calling him the "Fellow Down Under." The latest gaffe came during the nuclear submarine announcement, with Britain and the US agreeing to help the Australi...

Companies Manufacture In Space As Part Of Growing Industry.

Companies Manufacture In Space As Part Of Growing Industry.

Companies head to outer space to produce goods like fiber and pharmaceuticals in a new growing industry known as space manufacturing. » Subscribe to NBC News: » Watch more NBC video: NBC News Digital is a collection of innovative and powerful news...

Joe Concha says Gen. Milley undermined American voters

Joe Concha says Gen. Milley undermined American voters

Fox News contributor Joe Concha blasts General Milley for secret call with China; says it's 'bye-bye Biden' in new op-ed #FoxNews #FoxFriendsFirst Subscribe to Fox News! Watch more Fox News Video: Watch Fox News Channel Live: FOX News Channel (FNC...