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Odesa Port Plant to be sold no earlier than Jan-Feb 2016
02.09.2015 16:27 "Agro Perspectiva" (Kyiv) —
Sale of Odesa Port-Side Chemical Plant (OPP), scheduled for November-December this year, will be postponed to Jan-Feb 2016, UNIAN says referring to the head of Ukraine’s State Property Fund of Ukraine Igor Bilous Wed report.
«Key reason for postponing the competition will be the parliament’s adoption of the law on the abolition of compulsory sale of the company’s 5% stake, as well as the execution of all procedures for the organization of the competition and the search for privatization advisor,» Bilous said.
Besides, Bilous also said that as of today the Fund was regarding three European investment banks as candidates for privatization adviser for OPP. The memorandum with one of them - the winner - could be signed as early as next week.
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