Lawmakers appoint Sennychenko new head of Ukraine's State Property Fund

The new chief has named his key task to conduct honest and transparent privatization of state-owned enterprises, which will not be defined as strategic ones.

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The Verkhovna Rada has appointed Dmytro Sennychenko head of the State Property Fund.

A total of 238 deputies voted for this decision with the required minimum of 226 votes.

During his address to legislators, Sennychenko noted he is set to ensure that only those enterprises that operate efficiently should remain in state ownership.

Also among the priorities in his work, he called attracting investors to government facilities and fighting corruption.

Read alsoUkraine's finance ministry expects US$202.3 mln from sale of state property in 2020

"My task is to conduct a truly honest, open, transparent privatization of those enterprises that will not be defined as strategic ones," he said, adding that of the 3,600 state-owned enterprises, 2,300 are "more or less alive, while the rest are leftovers on paper."

UNIAN memo. Until today, acting head of the State Property Fund was Vitaliy Trubarov, who had been appointed to this position on Sept 6, 2017.

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