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GISMETEO.RU
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Business    

SPF to sell stakes in Sumykhimpron, Odessa Port-Side and Turboatom
Journal Staff Report

KIEV, June 20 – The State Property Fund plans in July to announce a tender to sell a 92.75% stake in Sumykhimprom, and in December a 99.57% stake in Odessa Port-Side Plant and a 75.22% stake in Turboatom.

The decision is stipulated in SPF order No. 825 of June 12.

In early June 2013, when making a report in the profile parliamentary committee SPF head Oleksandr Riabchenko expressed doubt that the government will agree to privatize Turboatom. He said that the manufacturer works perfectly well today, its profitability is high, and it is enough for its further development. Riabchenko said that an investor could appear who will interest the government with the better prospects for Turboatom, although he said that now there are no such offers.




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