All Ukrainian energy companies to be privatized in 2012

All Ukrainian energy companies to be privatized in 2012

Head of the State Property Fund Oleksandr Ryabchenko has said that Ukraine to get about UAH 10 billion (1 USD - 7.99 UAH) of revenues from privatization of Ukrainian companies in the state budget in 2012.

"This year we plan to privatize all the energy companies, two generating companies, regional gas companies, oil and gas companies" - Ryabchenko said.

According to him, State Property Fund plans to privatize Odessa Portside Plant.

"The government should determine the time of privatization of the plant. The plant needs investors, while with this gas price the enterprise becomes unprofitable" - Ryabchenko added.

Tags:

real estate

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