Photo from UNIAN

"Yes, we have refused to participate in the tender," he said.

Read alsoOPP in focus of 6-7 investors: State Property Fund chiefAs UNIAN reported earlier, the Ukrainian Cabinet at its meeting on October 19 approved the conditions for a new auction to sell 99.6% of shares of Odesa Portside Chemical Plant at a starting price of UAH 5.16 billion (nearly $200 million).

Read alsoUkraine’s second try to sell OPP, starting price UAH 5.16 blnThe starting price approved is 2.6 times lower than that set by the Cabinet in July prior to the first bidding, which failed due to lack of demand from investors.

Видео дня

A minimum of two buyers must take part in the bidding, one of which must be a non-resident of Ukraine, otherwise the competition will be declared invalid.