Ukraine will auction seven objects of big privatization

Thursday, May 27, 2021
Ukraine will auction seven objects of big privatization

Ukraine has recently unlocked big privatization, this year it is planned to auction off 7 objects

In 2021, within the framework of the unblocked big privatization seven objects are planned to be put up for auctions, as Prime Minister Denis Shmygal stated during the forum UkraineInvest Talks: Dnipro.

"Small privatization is fully underway and continues this year. Major privatization is seven objects. These are Regional Power Grid Company, Bolshevik Plant, Oil Refinery, United Chemical Company. They are subject to privatization this year, documents are prepared and everything will be done through electronic auctions on the Internet, " said Shmygal.

He also cited the example of privatization of the hotel "Dnipro" in 2020, which created the "attractiveness and understanding for investors what Ukraine is, what is real estate in Ukraine, what is business development here“.

Earlier, President Volodymyr Zelensky signed a Law on the resumption of auctions for the sale of large privatization objects, which the Verkhovna Rada adopted on March 30.
In March 2020, it was reported that Ukraine would temporarily refuse to put large privatization objects up for auction until the situation on global markets stabilizes.

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