10:50 30.10.2017

Budget sees large losses due to influence of private persons on state-owned transport assets

Budget sees large losses due to influence of private persons on state-owned transport assets

A large part of state-owned enterprises in the transport sphere are under influence of private persons and companies, and the loss of the national budget and the sector in general from this 'supervision' are huge.

The press service of the Infrastructure Ministry of Ukraine reported that Minister Volodymyr Omelyan gave his opinion at a meeting with top managers of the State Property Fund of Ukraine.

"Today we actually have 'privatization in the shadows', which is distinguished by the fact that some individuals or private companies are living thanks to state-owned assets. This is inadmissible. We should conduct the effective, honest and transparent privatization of state-owned enterprises, which are not of a real strategic importance, or lease them. The privatization should be 'above board,' not in the shadows like it is now. The state and employees of these enterprises would win. Development of the transport sector is possible only if it is effectively managed," the minister said.

At the meeting the sides decided to create a working group to work on the privatization of state-owned assets in the transport and infrastructure spheres or their lease.

The Infrastructure Ministry recalled that it has created a working group with the Antimonopoly Committee of Ukraine to effectively coordinate the interagency work.

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