Agriculture Ministry suggests selling 37 enterprises banned from privatization

Ukraine’s Ministry of Agrarian Policy and Food has published a list of the first 100 state agricultural enterprises offered for privatization as part of the ministry’s policy on denationalization of low-quality assets, the ministry’s press office has reported.

!!!!!!!!!!!!!!!! UAA1 !!!!!!!!!!!!!!!

As noted in the press office, 37 companies that are included in the list are prohibited from privatization, other companies are subject to privatization provided the relevant decisions of the government are issued.

It is also reported that based on the results of the audit carried out by the working group jointly with specialists of Innovation and Development Foundation (Republic of Georgia) with regard to those state-owned companies recommended for privatization, the impossibility of economic recovery of those entities has been confirmed.

A full list of companies has been published on the Web site of Ukrainian Ministry of Agrarian Policy and Food.

The ministry intends to raise up to UAH 1 billion in investment in the agricultural sector in 2015 through the privatization of 180 enterprises that are under its control.

!!!!!!!!!!!!!!!!!!!!!!!! UAA2 !!!!!!!!!!!!!!!!!!!!!