Ukraine plans to sell five SOEs within 2020 privatization campaign.

The first facility is expected to be sold as early as April.

REUTERS

REUTERS

Head of the State Property Fund (SPF) of Ukraine Dmytro Sennichenko says the Fund plans to sell five facilities within a large-scale privatization campaign in 2020.

"We hope to sell five [facilities]," Sennichenko said at a roundtable discussion with representatives of German companies on February 18.

So, the SPF plans to sell Kyiv-based Dnipro Hotel in April, the United Mining and Chemical Company in July, the country's largest chemical giant Odesa Portside Chemical Plant in August, Kyiv-based President Hotel in November, and Kharkiv-based Electrotyazhmash Plant in December.

Read alsoUkrainian lawmaker explains why Naftogaz could not be privatized

As UNIAN reported earlier, the national budget is expected to receive UAH 12 billion (US$490.8 million) from the 2020 campaign.

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