More than a year ago, Ukrainian govenmrnt announced "the largest privatization in 23 years" and half year ago prepared the first annual review of the TOP 100 state-owned enterprises (SOEs), which comprise 80% of all the SOE sector revenues and 90% of SOE sector assets. However, over this year: privatization proceeds amounted just USD 467 million.
Recently a list of a dozen companies that are top priorities for privatization is being compiled by government; the action plan on five of them is already in place and waits to be approved by the end of September. The 2015 budget expects USD 17bn in privatization proceeds.
According to the Ministry of Economy, Ukraine has 3,374 state-owned enterprises as of today. Only 1,920 out of them are operating. Cumulatively, they generated losses even before the Maidan. In 2014, their financial performance deteriorated further. Read more at http://ukrainianweek.com/
Recently a list of a dozen companies that are top priorities for privatization is being compiled by government; the action plan on five of them is already in place and waits to be approved by the end of September. The 2015 budget expects USD 17bn in privatization proceeds.
According to the Ministry of Economy, Ukraine has 3,374 state-owned enterprises as of today. Only 1,920 out of them are operating. Cumulatively, they generated losses even before the Maidan. In 2014, their financial performance deteriorated further. Read more at http://ukrainianweek.com/
