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SPF chief predicts UAH6 billion proceeds from electric privatizations
Journal Staff Report

KIEV, April 27 – The State Property Fund expects to obtain UAH 6 billion from the sale of state-owned stakes in two electricity generating companies and nine electricity supply companies in 2011, SPF head Oleksandr Riabchenko said at a meeting of an ad hoc parliamentary commission for privatization held in Kiev on Wednesday.

"If we take market quotations on the stock markets, it will be UAH 6 billion from those 11 energy companies that the government plans to sell this year," he said.

He said that first tenders would be announced in late June or July 2011.




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