14:23 13.06.2016

Seven companies show interest to Odesa Port-Side Plant

1 min read
Seven companies show interest to Odesa Port-Side Plant

At least seven companies which signed the required documents with Ukraine's State Property Fund (SPF) are showing a serious interest to the purchase of public joint-stock company Odesa Port-Side Plant at a tender scheduled for July 26, SPF Head Ihor Bilous has said.

"We expect that five more potential investors will confirm their interest. There are no accidental names among them," he told reporters in Kyiv on Monday.

Bilous added that the most of the companies have been familiar with the plant for a long time ago.

He said that the sale of this large facility is linked to a number of risks. He expressed hope that the investment attractiveness of the plant is high compared with the risks.

Commenting on the starting price of UAH 13.175 billion he said that it was set using various methods. Claims that the price was set too high or too low indicate that the tender will give the best answer to this and the main task is to ensure competitive bids.

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