Privatization campaign: Book value of Ukraine state enterprises subject for sale exceeds US$3 bln

Sale of the companies' assets may raise about US$5 billion.

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Ukraine's First Deputy Minister of Economic Development, Trade and Agriculture Pavlo Kukhta says the total book value of 961 state-owned enterprises, which former Ukrainian Prime Minister Oleksiy Honcharuk's Cabinet transferred to the State Property Fund for sale, exceeds US$3 billion.

"We've transferred ten times more enterprises to the State Property Fund for the privatization [campaign] than in 2008-2018 [some 93 facilities]," he said at a press conference on March 5.

Read alsoUkraine's government expands list of large SOEs to be put up for sale

According to Kukhta, the sale of said companies may raise about US$5 billion.

Today, wage arrears at the enterprises subject to the privatization campaign total UAH 287.36 million (US$11.5 million).

As UNIAN reported earlier, Ukraine plans to raise UAH 12 billion (US$482 million) for the national budget in 2020 as a result of privatization.

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