Reuters logo
Ukraine proposes Dec auction of Odessa fertiliser plant -media
October 19, 2016 / 8:41 AM / a year ago

Ukraine proposes Dec auction of Odessa fertiliser plant -media

KIEV, Oct 19 (Reuters) - Ukraine’s State Property Fund has proposed selling a state-owned fertiliser plant in Odessa on December 15 at a starting price of 5.16 billion hryvnia ($200 million), two local news agencies reported on Wednesday.

The privatisation is a test of the government’s promise to implement economic reforms and tackle corruption. A previous attempt to sell the plant collapsed amid warnings by the International Monetary Fund that the process was deterring credible foreign investors.

The government is expected to announce a decision on when to sell the plant on Wednesday. (Reporting by Pavel Polityuk; writing by Matthias Williams; editing by Jason Neely)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below