Odessa Port-side Plant was not privatized on the September 29 despite the open tender which took place on the day as originally scheduled by the Ukrainian Cabinet of Ministers headed by Yuliya Tymoshenko. The State Property Fund of Ukraine declared the tender results void. Mrs Tymoshenko confirmed that the bidders did not adhere to the rules of the game and kept the bidding price as low as UAH 5 billion (around USD 600,000 million) having moved 1 billion above the original asking price of UAH 4 billion. Continue reading “Odessa Portside Plant Privatization”
Category: Privatization
Privatization Opportunities
Privatization tenders in Ukraine
Billions of dollars are expected to flow into Ukraine with the privatization plans for large enterprises starting with the sale of state-owned chemical giant Odesa Portside Plant and state fixed-line phone monopoly Ukrtelecom. Continue reading “Privatization tenders in Ukraine”