Ukraine

Ukraine

New list of State enterprises subject to privatization

13 Sep 2016

On 13 September 2016, Resolution No. 271 of 31 August 2016 of the Cabinet of Ministers of Ukraine entered into effect. It introduces a new list of more than 130 state entities subject to privatization. Newly added companies include, inter alia: Ukrainian Polymetals (mining industry); Bilshovyk, Radiorele, Avtolyvmash, Kharkiv Electromechanical Plant, Hidromash (machine building and instrument engineering); Agrarian Fund, State Food and Grain Corporation (agro-industrial complex); Ukrzink (non-ferrous metal production); Odessa Airlines (transport industry); Ukrpapirprom; and Joint Ukrainian-Kazakh-Russian nuclear fuel production enterprise JV UKRTVS PrJSC. In parallel, nearly 100 enterprises were removed from the list (mainly companies operating in the agro-industrial sector).