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HomeWorldUkraine intends to sell...
April 20, 2023

Ukraine intends to sell state corporations at reduced prices

By David
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    Ukraine intends to sell large state-owned firms at cut prices in order to strengthen the budget against the backdrop of the war.

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    .

    Bloomberg writes that Ukraine is now looking for investors who understand that high risk can bring big profits after the end of the war.

    Due to the sale of state-owned companies, Ukraine can earn more than $400 million. and another 190 million dollars. may come from the lease of agricultural land, – said the head of the State Property Fund Umerov.

    The material also noted that potential investors are promised to compensate for the significant risk of buying it with “high returns after the end of the war.”

    Earlier, Umerov said that the Ocean Plaza shopping center could be sold at auction. He noted that this is planned to be done in the near future, but first an audit of the shopping and entertainment center is needed, which will last about three months.

    The state now owns 66.65% of the assets of the mall, recently nationalized from the Russians. The other part is owned by Ukrainian businessmen Vasily Khmelnitsky and Andrey Ivanov.

    Source: Racurs

    David
    David

    I am David Wyatt, a professional writer and journalist for Buna Times. I specialize in the world section of news coverage, where I bring to light stories and issues that affect us globally. As a graduate of Journalism, I have always had the passion to spread knowledge through writing.

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