Ukraine sees UAH 73 mln in privatization revenues over 9 mths out of estimated UAH 17 bln by year-end

The revenues to the state budget of Ukraine from the privatization process in January-September 2016 amounted to UAH 72.9 million, which is 42.5% less than in the same period last year, according to the report by the State Property Fund of Ukraine (SPF).

It has also been reported that the main and regional headquarters of the State Property Fund for the reporting period sold 91 state-owned assets (including nine in September) and 210 municipal property assets (24 in September).

In September, the SPF put up for sale on stock exchanges three packages of shares of SOEs with a total nominal value of UAH 121 million. Last month, the SPF failed to sell any shares.

As UNIAN reported earlier, the SPF intended to put UAH 17.1 billion in privatization profits to the state budget in 2016, according to the Budget Code. The main privatization target this year is a 99.6% stake in the Odesa Portside Chemical Plant (OPP).

The State Property Fund plans to announce in its official newspaper Vidomosti Pryvatizatsii late October another tender for the OPP privatization with a starting price of UAH 5.16 billion.

Privatization revenues to the state budget of Ukraine by the end of 2015 amounted to UAH 151.5 million, which is three times less than in 2014.

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