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Privatization backburnered

19.12.2014 | kyivweekly.com

The State Property Fund (SPF) does not predict any major privatization sales by the end of 2014. It will be technically impossible to hold any new privatization tenders by the end of this year due to the tight time limits, reported the press service of the SPF.

Earlier in December the SPF planned to announce privatization tenders for sale of state-owned control stocks of the Kharkiv, Khmelnytskiy and Mykolayiv regional power distribution companies, as well as several CHPPs. At the same time, the SPF put on hold auction selling scheduled for the end of December at stock exchanges for the sale of 5% of the shares of the Odesa Port Plant, as well as auctions for the sale of shares of power generating companies – 25% of Dniproenergo, 25% of Donbasenergo and 10% of Centrenergo.

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