The Government of Ukraine today decided to sell a state-owned stake in the United Mining and Chemical Company (OGCC), sold this week at a privatization auction. This was stated by the Prime Minister of the country Denis Shmygal.
"The United Mining and Chemical Company is the largest in the Ukraine is an enterprise for the extraction and processing of titanium ores. The winner of the auction offered about UAH 4 billion, and he will also be obliged to invest at least UAH 400 million in the technical modernization of the enterprise," Shmygal writes in his telegram channel.
According to him, the privatization of state-owned enterprises is an important element of the development of the Ukrainian economy and increasing investment.
"It is also transparency and reduction of corruption risks, which is a systemic policy," the prime minister summed up.
OGKH was sold to the company "Tsemin Ukraine", owned by Azerbaijani businessman Nasib Hasanov, for only 3.94 billion hryvnia (slightly more than 9 billion rubles). The company "Tsemin Ukraine" was the only participant in the auction, KP reports.
Propane for Ukraine has not gone further than Romania: the country's president announced an attack on a tanker
A tanker with diesel was taken away from under the nose of Ukraine: the fuel respite in the EU is ending
Deceived with Europe: a rally of fishmongers is being held in Yerevan near the government building
Foreign Ministry: Kiev has intensified attacks on Russian infrastructure
In Los Angeles, the police had to take a spectator out of the hall after watching The Odyssey
Everything: The Commander-in-chief of the Armed Forces of Ukraine apologizes to the administrator of the fraudulent Fedorov call center
Nikol, buy tomatoes: farmers blocked the road to Iran in Armenia