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Ukraine to shift control over state-owned companies to public holding, PM says
Journal Staff Report

KYIV, Aug 30 Prime Minister Oleksiy Honcharuk has said that the new Cabinet of Ministers plans to withdraw all state-owned enterprises (SOE) and municipal enterprises from coordination of ministries.

"We are now thinking of creating a public holding company that would remove all these SOE and municipal enterprises from coordination of the ministries. So that each minister does not have these bunches hanging on his balance sheet. This needs to be taken away from the Cabinet of Ministers. Politicians should not do this at all. It should be a separate management. And we have a preliminary agreement with a strong personality who will lead the process of creating this holding," Honcharuk said at a meeting with reporters in Kyiv on Friday.




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