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State Property Fund to sell Ukrnaftoprodukt and 7 other enterprises in January 2018

Source : 112 Ukraine

Bidding will be available on 17 January 2018
12:33, 28 December 2017
112 Agency

The State Property Fund announced the sale of shares in a number of enterprises on stock exchanges. The Chairman of the State Property Fund Vitaliy Trubarov announced this on his Facebook page, 112.ua reports.

Related: Poroshenko offers Saudi Arabia to participate in privatization in Ukraine

Bidding is expected to start on 17 January 2018. On that day, bidding starts for 50% of PrJSC Ukrnaftoprodukt (initial price is $435,000), 6.3% of PJSC Stebnyk Mining and Chemical Enterprise “Polimineral” (initial price is $100,000), 45.8% of PrJSC Ukrhudozhprom (initial price is $107,000) and 25% of PrJSC Boryspil Enterprise “Sortnasinnieovoch” (initial price is $17,000).

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Shares in other two state-owned enterprises are expected to be sold from 19 January 2018 – 89.5% of PrJSC Bila Tserkva plant of rubber technical products (initial price is $45,000) and 12.64% of PrJSC scientific and technical testing center “Spektr-T” (initial price is $856).

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Also, on 23 January 2018 bidding on two other lots will become available – 6.46% of PJSC Brayilivske (initial price is $16,770) and 48.9% of PrJSC Brayiliv station for storage and sale of plant protection agents (initial price is $67,785).

Related: Turkey interested in privatization of Ukrainian coal mines

As reported earlier, the State Property Fund has announced its plans to sell the Odesa port plant and around 100 other state-owned enterprises in 2018. The Fund expects to raise over $802 million through the sale of those companies in 2018.

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