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Ukrainian Government adopted a decree on privatization of fuel and energy complex enterprises
19.02.2013 13:21 "Agro Perspectiva" (Kyiv) —
The Ukrainian Government has adopted decree «On privatization of the fuel and energy complex enterprises». The document has been adopted by the Cabinet of Ministers on February 18 pursuant to the National Action Plan for 2012 to implement economic reforms for 20102014 «Prosperous society, competitive economy, effective government».
The Decree allows taking a decision on the privatization of six enterprises of fuel and energy complex. In particular, it concerns the state shares of PJSC «Khmelnytskoblenergo» PJSC «Mykolaivoblenergo», JSC «Ternopiloblenergo», SC «Zaporozhyaoblenergo» AK «Kharkivoblenergo», JSC «Cherkasyoblenergo.» The decision of the Government will privatize the state-owned shares of thesecompanies on competitive basis and provide the cash flow to the State Budget of Ukraine.
Privatization shares will attract energy providers in the energy sector of private investors that will allow for the reconstruction and upgrading of the equipment businesses. As a consequence, it has to guarantee stable operation of the Ukrainian united energy system.
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