Prime Minister Vladimir Groisman believes that the difficulties with the privatization of Odessa portside plant (OPP) is due to the work of the state property Fund of Ukraine (SPF). He said this at the 14th annual forum Yalta European strategy.
“Unprofessional work of the SPFU and led to a delay in the OPP privatization”, – said the head of government.
Previously the acting head of the SPFU Vitaly Trebarov announced that before the end of this year, privatization can be completed and the estimated cost of the SCR will be known in a month.
In June, the SPF announced a competition for the selection of appraisers for the assessment of state shares of IPF.
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Before that, the Fund stated that the OPP in the best case can be privatized in late 2017 – early 2018.
In December 2016 the third failed attempt to privatize OPZ. The starting price of state-owned shares amounted to 5,16 billion. The company has $190 million of debt to the company Ostchem Dmitry Firtash and more than 1.5 billion before NAK Naftogaz Ukrainy. The contract for the supply of gas to the plant ended on December 31, 2016.
SPF runs of 99, 567% of the shares of the SCR. The government and lenders expect that the privatization of the IPF will be held this year.
IPF finished 2016 with a loss of almost 3 billion UAH. In 2015 net profit of the plant amounted to more than UAH 200 million.
According to the report, the IPF for the first half of 2017 received net loss 108.18 million, while over the same period last year – 243,94 million.
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