Ukraine’s Deputy Minister of Economic Development and Trade Maksym Nefyodov has warned potential investors in a number of state-owned enterprises that few are ‘gold mines’ and that potential investors should be prepared to for a long haul.
Talking to the UNIAN news agency, Mr Nefyodov said that of 900 enterprises slated for sale in the latest attempt to kick start Ukraine’s privatisation process (one of the country’s biggest failures, according to EBRD Managing Director for Eastern Europe and the Caucasus Francis Malige), few were in great shape.
“Of course, we have assets such as Turboatom, a profitable, growing enterprise which will be …read more
Source: Emerging Europe
