SPF announces tender to select appraiser for Odesa Port-Side Plant

14:18, 01.02.2016 1 min read

The State Property Fund of Ukraine on February 1, 2016 announced a tender to select an appraiser for 94.6% and 99.6% of shares in public joint-stock company Odesa Port-Side Plant (the two options are in line with current law and the proposed bill), the fund has reported on its website.

"The tender will be held at 14:00 on February 19, 2016 in the SPF. Bids can be submitted until 18:00 on February 15," the fund said.

As reported, referring to SPF Head Ihor Bilous, support of amendments to the law on privatization would allow putting Odesa Port-Side Plant up for sale in April.

The Ukrainian government repeatedly said that it plans to resume large privatization from the sale of 99.5% of shares in Odesa Port-Side Plant.

Bilous said that the starting price will be no less than $500 million. The plant's director Valeriy Horbatko assessed it at $600-620 million and Ukrainian Prime Minister Arseniy Yatseniuk raised the assessment to $ 1 billion.