Poroshenko has his greedy eye on the last major asset of coal and gas generation

Igor Petrov.  
31.01.2018 23:30
  (Moscow time), Kyiv
Views: 5257
 
Скандал, Ukraine, Finance, Economy


The assets of many Ukrainian enterprises put up for sale this year are artificially low.

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Editor-in-Chief of Radio Vesti Andrey Blinov stated this at a press conference in Kyiv, a PolitNavigator correspondent reports.

“A number of enterprises have been brought to such a state that their assets can be artificially lowered, and they can go through the procedure of small privatization. If the State Property Fund and the Cabinet of Ministers adhere to their promises to display everything publicly and report everything 35-40 days in advance, as prescribed by law, everyone will not miss the objects. The most interesting thing, which is not talked about much, is the objects themselves that will be sold,” the expert noted.

He also touched upon the topic of the Odessa port plant, noting that 20 years after independence it was a profitable enterprise, but in the last four years it suddenly found itself among the unprofitable ones, although it is considered one of the most modern chemical enterprises in Ukraine, which also has good logistics.

“In the background they forget about Centrenergo.” Centrenergo has a financial plan approved by the Cabinet of Ministers, and its revenue is 16 billion hryvnia. Net profit is 170 million. So it seems to me that this year there will be an attempt, first of all, to sell Centrenergo. Last year, Ukraine received a little over 3 billion hryvnia from privatization. Basically, this was the sale of blocking stakes to structures associated with the richest man in the country. Therefore, it seems to me that there will be a struggle for Centrenergo. This is the last major asset of coal and gas generation,” said Blinov.

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