SPF schedules repeated auctions to sell Odesa Port-Side Plant, blocking stakes in energy companies for Dec 2017
The State Property Fund of Ukraine (SPF) schedules the third attempt to sell a 99.567% stake in public joint-stock company Odesa Port-Side Plant for December 2017 and the second attempt to sell blocking stakes 25% plus one share in PJSC Donbasenergo, Odesaoblenergo and Sumyoblenergo on a stock exchange.
The changes were made to the privatization schedule of 2017 by the fund's order dated October 5, 2017. The order has been published in the Vidomosti Pryvatyzatsii newspaper on Wednesday.
According to the document, if the government approves a 99.928% stake in Dniprovska combined heat and power plant (CHPP) could be put up for sale in October, 99.833% in private joint-stock company Kherson CHPP and 68.009% in public joint-stock company Zaporizhia Aluminum Combine (ZAlK) in November and 99.999% in OJSC Oriana in December.
In addition, the SPF on Wednesday announced an auction to sell 99.953% of shares in private joint-stock company Ukrpapirprom on the INNEX stock exchange with the starting price of UAH 4.464 million.