Ministry for Development of Economy, Trade and Agriculture of Ukraine activates preparatory measures for large privatization

On December 23, 2020, at a regular meeting, the Government approved a bill on the restoration of the privatization of large-scale privatization facilities. This solution makes it possible to carry out a number of preparatory and organizational measures preceding the direct sale of large privatization objects, in particular, holding auctions for the sale of large privatization objects.

“The strategic course of Ukraine on privatization and attracting investments in the Ukrainian economy during the period of the COVID-19 epidemic remains unchanged. Transparent privatization allows finding an effective owner for enterprises. For the state, this means not only filling the budget, but also increasing investment, creating jobs and developing regions”, – noted the Minister of Economic Development, Trade and Agriculture of Ukraine Ihor Petrashko.

We will remind, in March, the Verkhovna Rada adopted the Law, which temporarily, for the period of quarantine and restrictive measures, stops large privatization.