SPF seeks to sell President Hotel, state-owned stakes in Zaporizhia Titanium and Magnesium Combine, Azovmash this year

11:13, 28.09.2016 1 min read

Ukraine's State Property Fund (SPF) seeks to sell private joint-stock company President Hotel, 51% of shares in Zaporizhia Titanium and Magnesium Combine LLC and 50% in public joint-stock company Azovmash.

This is outlined in fund resolution No. 1763 dated September 23, 2016.

In addition, the fund intends to sell almost 100% of shares in Ukrainian Bank for Reconstruction and Development, private joint-stock company Ukrainian Energy Saving Servicing Company, 20% in Windenergo Ltd. and state-owned shares of other companies.

As reported, the appeals court earlier revoked the decision that the privatization of President Hotel is unlawful.