SPF head says there may be another attempt to privatize Odesa port-side plant

18:46

Head of the State Property Fund of Ukraine (SPF) Oleksandr Riabchenko has said there may be another attempt to sell OJSC Odesa port-side chemical plant (Yuzhny, Odesa region), but he could not saw when due to market instability.

"I think it's worth expecting privatization, but it is impossible to say what will be in the tender, what will be sold," he said at a press conference in Kyiv on Wednesday.

According to Riabchenko, the new price of the state stake in the plant could reach UAH 6 billion.

"I don't think that it [the plant] has grown in value much compared to the price at the previous auction. It is likely to rise to UAH 6 billion, but I doubt it will reach UAH 8 billion," he said.

01.09.2010