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GISMETEO.RU
UJ Week
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Business    

SPF seeks govt’s assurances for selling titanium firm UMCC on Dec 20
Journal Staff Report

KYIV, Nov 19 – The State Property Fund (SPF) of Ukraine this week sent to the Cabinet of Ministers a draft order on providing additional guarantees to a winner of a tender for sale of United Mining and Chemical Company (UMCC), scheduled for December 20, in order to increase competition and ensure successful sale.

"We with the adviser have received inquiries from several international companies in good standing that are ready to take part in the auction on December 20, and this depends on whether the Ukrainian government will provide additional guarantees for investors of significant investments in Ukraine," Head of the State Property Fund Dmytro Sennychenko said at a press conference in Kyiv on Thursday.




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