Ukraine plans to sell five SOEs within 2020 privatization campaign

The first facility is expected to be sold as early as April.

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Head of the State Property Fund (SPF) of Ukraine Dmytro Sennychenko says the Fund plans to sell five facilities within a large-scale privatization campaign in 2020.

"We hope to sell five [facilities]," Sennychenko said at a roundtable discussion with representatives of German companies on February 18.

So, the SPF plans to sell Kyiv-based Dnipro Hotel in April, the United Mining and Chemical Company in July, the country's largest chemical giant Odesa Portside Chemical Plant in August, Kyiv-based President Hotel in November, and Kharkiv-based Electrotyazhmash Plant in December.

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As UNIAN reported earlier, the national budget is expected to receive UAH 12 billion (US$490.8 million) from the 2020 campaign.

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