Ukrainian Property Fund to sell 60.7% stake in Donbassenergo and 75% in Volynoblenergo.

By bne IntelliNews June 4, 2013

The State Property Fund plans to sell 60.7% of shares in the energy generating company Donbassenergo (Donetsk) in August and 75% of shares in the energy supply company Volynoblenergo in September, the government has announced.

In addition, in August the government plans to list for sale at a stock exchange 5% of shares in the Mykolaivoblenergo, 5% in Kharkivoblenergo and 5% in Khmelnytskoblenergo.

In September, the Property Fund will also announce exchange auction for 46% of shares in Cherkasyoblenergo, and tenders for 50.9% of Ternopiloblenergo, 60.25% of Zaporizhiaoblenergo, 60.001% of Kharkivoblenergo , 65% of Mykolaivoblenergo and 65.009% of Khmelnytskoblenergo.

According to the statement, in course of the previous, second stage of privatisation of fuel and energy enterprises (the first was in 2001) in 2011-2012 the Fund sold stakes in nine energy companies and the state budget received about UAH 5.3bn from that.

Read in IntelliNews Pro
Get IntelliNews Pro

Related Articles

Shell again eyes oil, gas exploration in Bosnia

Royal Dutch Shell is again interested in oil and gas exploration in Bosnia & Herzegovina ... more

Romania's Transgaz to open branch in Moldova to speed up pipeline construction

Romanian natural gas transport company Transgaz will soon open an office in Chisinau to speed up the construction of Ungheni-Chisinau pipeline that will bring Romanian gas to Moldova’s main ... more

Russia's Rosneft sets foot in Mediterranean with $1.125bn Eni deal

Russia's largest oil producer state-controlled Rosneft has acquired 30% in the largest natural gas field in the Mediterranean from Italian Eni, the company announced on October 9. Rosneft that ... more

Most Read

  1. KRUK REPORT: Is Ukraine changing its Donbas policies?
    6 days ago
  2. Poland rises, Croatia surprises on CEE Fast 50
    2 days ago
  3. MOSCOW BLOG: Russia’s import substitution has not been a great success
    9 days ago
  4. Moldova's Ascom moves ahead with recovering $500mn from Kazakh state
    9 days ago
  5. INTERVIEW: The quiet thunder of Ruben Vardanian
    11 days ago
  1. STOLYPIN: Russia balances wargames with mindgames in Zapad exercises
    29 days ago
  2. Russia to bring in record breaking harvest of 127mn tonnes
    20 days ago
  3. Investors ask which Russian bank domino will be the next to topple
    26 days ago
  4. Eastern Europe’s blockchain revolution
    14 days ago
  5. INTERVIEW: de Villepin says Ukraine should declare itself neutral
    11 days ago

Selected articles from our premium news/views wire IntelliNews Pro

Login to IntelliNews Pro
Get IntelliNews Pro

Reports

Dismiss