Ukraine’s State Property Fund (SPF) seeks to sell private joint-stock company President Hotel, 51% of shares in Zaporozhye Titanium and Magnesium Works and 50% in public joint-stock company Azovmash.
This is outlined in the fund resolution No. 1763 dated September 23.
In addition, the fund intends to sell almost 100% of shares in Ukrainian Bank for Reconstruction and Development, private joint-stock company Ukrainian Energy Saving Servicing Company, 20% in Windenergo Ltd. and state-owned shares of other companies.
As reported, the appeals court earlier revoked the decision that the privatization of President Hotel was unlawful. (Interfax/Business World Magazine)