Receipts to the State Budget from privatization of Bilshovyk Plant is UAH 1.4 billion

The State Budget has received UAH 1,429,017,000 from privatization of Bilshovyk plant. New owner will pay off enterprise’s debts in the amount of UAH 500 million.

This was announced by Dmytro Sennychenko, Chairman of the State Property Fund of Ukraine, on his Facebook.

“I inform that today funds in amount of UAH 1,429,017,000 from privatization Bilshovyk Plants was transferred to the State Budget of Ukraine. Besides, investor will pay off state enterprise’s debts in the amount of UAH 500 million”, Dmytro Sennychenko spoke.

According to him, the State Property Fund’s team demonstrates the positive result of proceeds from privatization to the state budget.

“The result of the Fund team’s work in 2020 – 2021 is UAH 8.1 billion  from successful auctions. This is more than in the previous seven years”, Dmytro Sennychenko, Chairman of the State Property Fund of Ukraine, noted.