OREANDA-NEWS. April 02, 2012. State Property Fund announced the auction of 37.58% shares of JSC "Lviv Coal Company." The auction will take place on May 16 at the "Ukrainian Interbank Currency Exchange."

The Fund changed its method of privatization of enterprises to sell this stake. Previously shares exhibited at contests.

As the State Property Fund has reported previously, Lviv Coal Company fully paid off debts from wages, paid to employees almost USD 4 million UAH. The company employs over 1000 people.