Tag: #privatization

Ukraine, under IMF program, by June will appoint intl consultant to prepare Ukrgasbank and Sense Bank for sale

By the end of May this year, the Ministry of Finance of Ukraine will appoint an internationally recognized financial consultant to prepare for sale two systemic state banks – Sense Bank (formerly Alfa-Bank) and Ukrgasbank, which account for 4% and 6% of banking system assets, respectively, says the memo of the Ukrainian authorities on the…
Read more

Ukrainian premier announces privatization of United Mining and Chemical Company in 2024

The Ukrainian government expects the resumption of large-scale privatization in 2024, part of which should be the sale of United Mining and Chemical Company, which mines titanium-containing ores, said Prime Minister Denys Shmyhal. “We are working with the State Property Fund so that it is started and completed,” the head of government said at a…
Read more

Zelenskyy discusses with President of Slovenia cooperation in UN Security Council, invites him to participate in first Global Peace Summit

President of Ukraine Volodymyr Zelenskyy and President of Slovenia Nataša Pirc Musar discussed cooperation in the UN Security Council and the defense needs of Ukraine, the press service of the head of state said. As reported on the official website of the President of Ukraine on Thursday evening, Zelenskyy, during a phone conversation with Pirc…
Read more

Rozhkova sees potential for sale of state-owned banks before end of war with Russia

The privatization of state-controlled banks, the number of which has increased to five, and the market share in terms of assets to 56% based on the results of January-September 2023, can begin even before the end of the war, First Deputy Governor of the National Bank of Ukraine (NBU) Kateryna Rozhkova has said. “If some…
Read more