Ukraine's State Grain and Food Corporation not to be privatized this year

REUTERS The regional branch of the State Property Fund of Ukraine abolished the order to privatize the state block of shares of PJSC "State Food and Grain Corporation of Ukraine" of December 5, 2016. According to the information posted in the Vidomosti Рryvatyzatsii newspaper, the corresponding cancellation order was adopted on August 7. Earlier it was assumed that 100% of the shares of the SFGCU will be put up for sale. Read alsoUkraine&#39;s Finance Ministry publishes list of "riskiest" state enterprises As UNIAN reported, on May 10, the Cabinet of Ministers of Ukraine at its meeting approved a list of large-scale privatization enterprises for 2018, which included 26 companies. Later this list was reduced to 23 enterprises, with the Corporation being among the excluded objects. In an interview with UNIAN, Acting Head of the State Property Fund, Vitaly Trubarov, said that SPF could return to privatization of the State Food and Grain Corporation in 2019. The State Food and Grain Corporation in the first half of 2018 reduced its net profit by 1.9 times as compared to the same period in 2017 - to UAH 154.7 million.

Ukraine's State Grain and Food Corporation not to be privatized this year

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