Large-scale privatization will start with Centrenergo – Ministry

Большая приватизация начнется с Центрэнерго - Минэнергоугля

Centrenergo profit for last year grew by nearly five times

In Centrenergo fairly advanced stage investment advisers, which accelerates the process of its sale.

The Ministry of economic development and trade (MEDT) of Ukraine wants to start the “big privatization” of state-owned enterprises with sales of Centrenergo. This was stated by first Deputy Minister of economic development and trade Maxim Nefedov, the press service of the Ministry on Twitter.

“We hope that Centrenergo, where the work of investment advisers is well advanced, will be the first example of the new privatization”, – stated in the message.

According to the SPF, 2018 fall under the privatization of Centrenergo, a number of power companies and combined heat and power, the United mining and chemical company, coal company “Krasnolimanskaya”, Azovmash, Turboatom, Electrotyazhmash, Sumykhimprom and Odesa portside plant, the Zaporozhye titanium and magnesium plant, Ukragroleasing, the Agrarian Fund and State food-grain Corporation.

We will remind, the government expects that the sale hasobject will bring to the budget of 21.3 billion.

As reported, Centrenergo in 2017, increased its net profits 4.9 times (1.5 billion UAH) compared to 2016 year – on-year to 1.89 billion.

 

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