Cabinet transferred Bread of Ukraine/Ukragroleasing into Ministry of Agrarian Policy submission
04.07.2006 10:15 "Agro Perspectiva" (Kyiv) —
Cabinet has brought State-owned Joint Stock Companies Bread of Ukraine and Ukragroleasing into subordination of Ministry of Agrarian Policy, reported Oleksandr Baranivskiy, Acting Minister of Agrarian Policy.
Reportedly, Ministry of Agrarian Policy had earlier declared if Bread of Ukraine were brought into Ministry subordination, Ministry would make it profit-making/normalize its situation.
Jun 21 Serghiy Khoroshailov, Bread of Ukraine Chairman, had accused Acting Minister of Agrarian Policy Oleksandr Baranivskiy of his being unwilling to turn Bread of Ukraine into active influential grain market participant/agrarian market State operator.
Bread of Ukraine had ended 2005 at UAH22.998 mn loss.
Company Bread of Ukraine was founded in 1996; presently Company incorporates 81 grain acceptance/storage system companies.
Earlier Cabinet had commissioned State Property Fund to privatize Ukragroleasing until end 2006.
Company Ukragroleasing was created in May 1999 to assure letting on lease agricultural equipment to agrarians.