Representatives of the State Property Fund told about investment opportunities of privatization in Ukraine to officials and business of Latvia

On January 18, 2021, Ukrainian side held an online meeting with the representatives of the Latvian business. It was devoted to investment opportunities in Ukraine and privatization plans of the State Property Fund for 2021.

At the meeting with Latvian colleagues, the State Property Fund was represented by Taras Yeleyko, Deputy Chairman of the State Property Fund of Ukraine, and Felix Tytarenko, Head of the Investor Relations Office, Sustainable Investment Office.

Taras Yeleyko spoke about the new transparent rules introduced in the privatization process and shared the plans of the State Property Fund for 2021. Thus, according to him, in 2021 more than 500 objects will be put up for privatization auctions.

“In 2021, the Ukrainian investment menu prepared bythe State Property Fund includes a various privatization objects - there are proposals to meet your every need. We understand that the management of many non-core assets is not a state function, so we are working to transfer these assets to the private sector at transparent auctions and find an effective owner,”said Yeleyko, adding that information on privatization can be found on the website privatization.gov.ua.

“The site offers the investment menu with a very convenient filtering system and virtual data rooms with sorted documents. Everything you need to make a decision on investing,” said the Deputy Chairman of the State Property Fund.

In turn, Felix Tytarenko assured that the Investor Relations Office is ready to provide maximum support to everyonewho wants to take part in the privatization.

"Since the middle of last year, the Investor Relations Office at the State Property Fund has been operating. We provide advisory support to investors and help to understand the procedures. One of our main goals is to restore investor confidence. In this direction we have achieved significant results and you can be convinced of it. Therefore we invite our Latvian colleagues, and also all world business to invest in Ukraine, and we,for our part, will do everything that objects are qualitatively prepared and put up at transparent auctions,”assured Felix Tytarenko.

The meeting was also attended by Ambassador Extraordinary and Plenipotentiary of Ukraine to the Republic of Latvia Oleksandr Mishchenko, Executive Director of UkraineInvest Serhiy Tsivkach, Head of the Trading House Ukraine (Riga) Oleksandr Petrov, representatives of Latvian business.