Ukraine plans to launch the privatization process From September 1. This was announced by the Prime Minister Denys Shmyhal during a selector meeting with regional leaders on August 3.
“The President of Ukraine set the task of starting privatization process from September. For this purpose, the Verkhovna Rada of Ukraine has adopted the relevant legislation, the government has developed all subordinate regulations. We have to make this process as fast as possible,” Shmyhal said.
According to him, the state is launching grant programs for businesses motivation and people to create jobs as much as possible.
“Small-scale privatization, especially in regions where people in villages and towns know about facilities that have been standing for years and are inefficiently used, is intended to provide an opportunity to buy these premises for a reasonable price and start work,” the prime minister added.
Privatization will also provide an opportunity to expand production for farmers, the government noted.
The Ministry of Economy announced that at the beginning of September, according to the schedule, auctions will be announced for elevator capacities and bread production plants.
“Market operators who see a capacity deficit will be able to participate in these tenders,” the government summarized.
As we wrote before, at the beginning of May in Kyiv, the privatization of the “President Hotel” was stopped.
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