Head of State Property Fund to present objects of privatization at Ukraine-Germany Forum

The head of the State Property Fund of Ukraine (SPF), Ihor Bilous, will present at the Ukrainian-German Business Forum in Germany on October 23 the objects for privatization, seeking to find a foreign investor.

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"With this presentation, I am heading to a Ukrainian business forum in Berlin as a member of the government delegation. While the Parliament hesitates whether to vote for legislative changes required for privatization, my job is to seek investors and work to improve the country’s investment climate," Bilous wrote on Facebook.

The presentation incudes the most attractive companies for privatization: Odesa Portside Chemical Plant, Centrenergo, Kharkivoblenergo, Zaporizhiaoblenergo, Mykolaivoblenergo, Khmelnitskoblenergo, Ternopiloblenergo, Cherkasyoblenergo, Odesa TPP, Kherson TPP, Mykolaiv TPP, and Dniprodzerzhinsk TPP.

The presentation also shows the obligations of the buyer after the purchase of state-owned companies.

Read alsoAbromavicius: Largest state assets must be sold to foreign investors"The obligations to be fulfilled after the acquisition are: preservation of the principal activity, modernization of production, provision of social guarantees for employees, and payment of debts," reads the presentation.

As UNIAN reported earlier, the Ukrainian government delegation headed by Prime Minister Arseniy Yatsenyuk will visit Berlin, where the Ukrainian-German Business Forum will be held.

Read alsoUkraine may earn UAH 30 bln in 2016 from privatizationThe Cabinet of Ministers extended until 31 July 2016 the terms of privatization of key state assets, previously planned to be sold before the end of 2015. As stated in the Government Decree No.819, it is about the sale of 99.5% of Odesa Portside Chemical Plant, 78% of Centrenergo state holding, as well as 65% of Kharkivoblenergo, 60% of Zaporizhiaoblenergo, 70% of Mykolaivoblenergo and Khmelnitskoblenergo, and 50% of Ternopiloblenergo.

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