The state property Fund of Ukraine approved the terms of the sale of shares of several companies, including the Odessa port plant, Donbasenergo, Odessaoblenergo and Sumyoblenergo. The corresponding order on 5 October was signed by the acting Chairman FGIU Vitaly Trebarov, the document published in the newspaper Vedomosti privatizatsii on October 11.
In the case that the Cabinet will take a decision on the terms of the sale, in November, the state property Fund plans to sell a 68% stake in PJSC Zaporizhia aluminum plant, 99.8% of the shares of Kherson CHP, and in December – 99.5% shares of the SCR and 99.9% of the company Oriana.
Also in December the planned sale of 25% stake in Donbasenergo, Odessaoblenergo and Sumyoblenergo.
Earlier, the head of the state property Fund Vitaly Torubarov said that the sale of the HMO will be held in spring 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.
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.