Ukraine Received 11 bn UAH from Privatization of State Property
OREANDA-NEWS. October 04, 2011. The State budget got about 11 billion UAH for 9 months 2011 from privatization of the state property which were carried out by the State Property Fund of Ukraine and its regional branches.
The most expensive was sale of 92.79% shares of Ukrtelecom plc - it has brought to the budget 10,575 billion UAH. According to provisions of treaty, the buyer of shares of Ukrtelecom undertakes to invest the enterprise in amount 450 million USD within five years.
400 million UAH were received from privatization, in particular, owing to sale of 42.12 % of shares of LPC Central concentrating factory "Kindrativska" – 10.2 million UAH, 50 % of shares of LPC Ukrainian scientific research institute of technologies of ship mechanical engineering – 0.67 million UAH, 99.4 % of shares of LPC Feodosiyskiy instrument-making factory – 0.49 million UAH, 100 % of shares of LPS Test factory "Test" – 1.32 million UAH, 93.08 % of shares of LPS Dniprospestmash – 1.72 million UAH.
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