Ukraine’s top 100 state-owned companies contribute UAH8.5 bln to state budget

Photo from UNIAN

"Out of the UAH 13.8 billion net profit earned by our state-owned enterprises last year, UAH 2.5 billion was added to the budget in 2015 alone. In addition, they also contributed about UAH 6billion in net profit to the budget last year," Kovaliv said at a briefing in Kyiv.

She also noted that the Economy Ministry expects a significant increase in revenues of the state-owned companies.

"We expect growth in dividend payments by 20%," the deputy economy minister stated.

As UNIAN reported earlier, losses of the top 100 state-owned companies in 2015 had fallen threefold compared to 2014, to UAH 42.6 billion.

The Economy Ministry forecasts the aggregate profit of the top 100 state-owned companies at UAH20 billion this year.