Cabinet publishes list of SOEs set for sale in 2016-2017
The list includes ports, the United Mining and Chemical Company, Electrotyazhmash, Odesa Portside Chemical Plant, and power generation facilities.
The Cabinet of Ministers of Ukraine has published a list of companies to be privatized in 2016-2017, including more than 10 sea and river trade ports, some 20 coal mines, more than 10 power generating and energy distribution companies, as well as the United Mining and Chemical Company, Electrotyazhmash, Odesa Portside Chemical Plant, Sumykhimprom, and Turboatom.
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As reported, some of the companies offered for sale may only be put up for auction after the amendments to the legislation are adopted.
Besides UMCC, such state-owned coal mines are put up for sale as Volynuhol, Krasnoarmiyskuhol, Selidovvuhillia, Pervomaiskvuhillia, Lvivvuhillia (37.5% of shares), Lisichanskvuhillia (100% of shares). Among energy assets, there are integral property complexes of Kostyantynivska, Pervomaiska, and Migeyevska hydroelectric power stations, as well as companies Zaporizhiaoblenergo (60.2% of shares), Mykolayivoblenergo (70% of shares), Ternopiloblenergo (50.99% of shares), Kharkivoblenergo (65% of shares), Khmelnitskoblenergo (70% of shares), Centrenergo (78.29% of shares); as well as Kherson, Odesa, Mykolayiv, and Dnipro TPPs (99% of shares each), Donbasenergo, Odesaoblenergo, Sumyoblenergo, Cherkasyoblenergo, DTEK Dniproenergo, Kyivenergo, DTEK Dniproenergo, DTEK Zakhidenergo, DTEK Donetskoblenergo (25% of shares each).
100% of shares at Ukragroleasing is also offered for sale, as well as 100% of shares of the Agrarian Fund, 100% of shares of the State Food and Grain Corporation, as well as more than 30 agri-processing companies, R&D companies, and those dealing with animal feed production.
According to the government's decision, privatization is green-lighted for a 99% stake in Ivano-Frankivsk locomotive repair plant, as well as the state-owned Black Sea Shipping Company (without the share specified), 91.5% of Svema, 99.99% of the shares at Sumykhimprom, 99.56% of shares of Odesa Portside Chemical Plant, 51% of Zaporizhia Titanium and Magnesium Plant. In the banking sector, it’s 99.99% of the shares of Ukrainian Bank for Reconstruction and Development.
On the list of companies that can be put up for sale after changes are passed to the existing legislation, there are Mariupol, Yuznyi, Illichivsk, Odesa, Izmail, Berdyansk, Mykolayiv, Belhorod-Dnistrovsk, Kherson, Reni, Ust-Danube, and Skadovsk seaports, and a specialized port Oktyabrskyi; 100% shares of Danube Shipping Company, Azov Shipyard (a single property complex).
Eight peat production factories are offered for sale in the energy sphere, while in the area of agriculture it is Ukrspirt. Among the companies supervised by the Ministry for Economic Development – there are more than 20 design and research institutes on the list, as well as Ukrbud Corporation.
As UNIAN reported earlier, the Cabinet on August 31 decided to expand the list of companies set for privatization t. The list of companies put up for sale was supplemented by 320 copmanies. The general number of enterprises subject to partial or full deregulation amounts to 400.