SPFU ANNOUNCED A AUCTION FOR THE SALE OF SHAREHOLDING OF ODESSA PORT PLANT

“Big”privatization by transparent rules started The auctionwill be held on 26 July 2016

Cabinet of Ministries of Ukraine officially posted on the Government web-portal the Order to approve the conditions of “OPP” privatization.

Ihor Bilhous: Ukraine Energy Conference will host over 100 international and Ukrainian investors interested in purchasing and improving Ukraine’s energy companies

THE GOVERNMENT APPROVED THE STARTING PRICE AND CONDITIONS OF SALE OF ODESSA PORTSIDE PLANT

Also further changes were made to the procedure

The speed of the OPP sale will depend on the Cabinet of Ministers of Ukraine – Igor Bilous

In late April, the SPFU will forward draft decree on the sale of the plant for approval to the Government  

Representatives of the SPFU will vote against changing the type of energy companies from OJSC to PJSC

Mandatory official reports on the introduction of such issues into the agenda of the General meeting of shareholders of SPFUhavenot beenreceivedyet.

The government agreed with the proposal of the SPFU and consolidated shareholdings of “OPP” with a number of other important enterprises

The Fund is granted the ability not to split up holdings of shares in the privatization

SPFU is planning to set 450 objects for sale in 2016. PRESENTATION.

Only 20 of them relate to big privatization