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The privatization will be implemented

The privatization will be implemented
The privatization will be implemented01.04.2021

The relevant bill was passed by the Verkhovna Rada in the second reading.

The bill will remove the obstacle for large State-owned enterprises privatization; it will allow attracting investments flow into their development. Particularly, this applies to such enterprises as "Bolshevik", "Odesa Port Plant", "United Mining and Chemical Company", "President Hotel".

Also, the parliamentarians supported the draft law №4020 "On the list of state property facilities that are not subject to privatization" in the first reading.

According to it, 659 facilities that meet the following criteria are not subject to privatization:

  • the activities of such enterprises are of critical importance to society;
  • the facility is a natural monopoly;
  • the facility supports the country's defense capabilities and energy independence.