The All-Ukrainian Energy Company has fulfilled its obligations to supply natural gas.
The State Property Fund of Ukraine (SPFU) plans in February 2018 to once again try to sell 99.6% of the shares of Odesa Portside Chemical Plant (OPP), and in June - the state-owned stake (78.3%) in the state power generating company Centrenergo.
The State Property Fund of Ukraine (SPF) intends in December 2017 to once again try to sell 99.6% of shares in the Odesa Portside Chemical Plant (OPP), as well as go for a second attempt to sell 25% state-owned packages of shares of Odesaoblenergo, Sumyoblenergo and Donbasenergo regional energy companies.
Ukraine's major chemical company Odesa Portside Chemical Plant (OPP) reduced its net loss by 56.5% in January-June 2017 (H1) year-over-year (y-o-y), from UAH 243.9 million, or US$9.4 million, to UAH 108.2 million, or $4.2 million, according to the company's quarterly report in the National Securities and Stock Market Commission's information disclosure system.
Carrying out privatization of the Odesa Portside Chemical Plant (OPP) is possible at the end of 2017, while the sale of a controlling stake in Ukraine's major power generating company PJSC Centrenergo may take place in the middle of 2018, the State Property Fund of Ukraine (SPF) wrote on Facebook citing Deputy Head of the Fund Yuriy Nikitin.
Ukraine’s key creditors, the IMF and EBRD, have confirmed their forecasts of GDP growth for Ukraine in 2017, while the Cabinet saves Odesa Portside Chemical plant from bankruptcy and extends emergency measures in the energy sector - these are the main economic news of the past week.