The state property Fund is ready to privatize OPZ prior to the end of the year

The state property Fund of Ukraine is ready to privatize Odesa portside plant, the estimated cost of which will be ready in a month, until the end of 2017. About it the acting head of the Fund Vitaly Trebarov.


  • Poroshenko explained why Ukraine needs privatization

“We are on the home stretch, and soon the IPF may be the new owner, and this is billions of hryvnias in the budget”, – said Trebarov.

As you know, a draft law on privatization provides for the regulation of the privatization law (the 7 laws), which will be only two types of objects of privatization (instead of 5) – large and small.

Instead of the five procedures of privatization are requested to leave two to the auction and redemption.

Major objects of privatisation will be sold exclusively with the participation of reputable advisors, and small – through the electronic marketplace Prozorro.

While the challenge of privatization will be possible within 3 years after its implementation only in international arbitrations. In addition, privatized objects will be imposed a moratorium on the bankruptcy.

Privatization conditions should be approved by the Cabinet and may include the auction conditions, the auction without conditions.

In the absence of a buyer the opportunity of lowering the price of the object at 25% -50%. Also privatization to be possible through the study of quotations.

We will remind, Ukraine is preparing the legal framework to the privatization of the state enterprise “Ukrspirt” and relies on the sale of Odessa portside plant.