Cabinet transferred SFGCU for privatization
Infographic guide Ukrainian Agribusiness 2018/19
The Cabinet of Ministers has transferred JSC State Food and Grain Corporation of Ukraine (SFGCU) for privatization. The State Property Fund now disposes of 100% of the Corporation's shares.
SFGCU will be restructured and prepared for transparent auctions with the involvement of private investors.
The Government also transferred JSC Bolshevik Plant (JSC First Kyiv Machine-building Plant), SJSC Bread of Ukraine and SE Artyomsol of Ukraine for large-scale privatization.
"Companies, that have been serving as a source of problems and losses for years, will get a new efficient owner, new jobs," Prime Minister Oleksiy Honcharuk commented.
Previously reported that the Cabinet of Ministers of Ukraine planned to discharge the Acting Chairman of SFGCU Simon Cherniavsky.