KIEV, July 20 - The unfavorable investment climate in Ukraine is the main reason why no company filed a bid to participate in the tender to sell public joint-stock company Odessa Port-Side Plant, Group DF Managing Director Borys Krasniansky said.

"It is sad that the privatization of Odessa Port-Side Plant failed at the first stage. On one hand, this is the result of investment climate in the country and on the other hand – this hits the country's investment climate. It was said at the investment forum of the American Chamber of Commerce in Ukraine that the successful privatization of Odessa Port-Side Plant could be a signal for the change of investment climate. Unfortunately, this has not happened. It is clear that this is not a tragedy. New tenders will be announced, but the conditions of the tender and, of course, the price should be realistic," he said.