Government initiates a privatization programme for over 300 State-owned enterprises
12 May 2015
On 12 May 2015, the Ukrainian Cabinet of Ministers adopted Resolution No. 271, "On conducting a transparent and competitive privatization in 2015". The resolution approves the list of Ukraine State-owned enterprises to be privatized in 2015 and specifies the available stake for privatization in each enterprise.
The resolution lists 286 entities subject to privatization (e,g coal enterprises and mines, machine-building industries, electricity generation stations, food processing factories, scientific research associations, etc). It also includes another 43 entities included on a no-privatization list (e.g. maritime ports), but which are to be sold after approval has been obtained from the Parliament.
The Government has instructed the State Property Fund to put these companies up for sale through an open competitive auction, without setting limits for the admission of participants, except as required by law, and with regard to sanctions that have been imposed.
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Entry and establishment (Ownership and control)
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