Kyiv’s iconic “Hotel Ukraina,” located on the city’s central Independence Square, also known as Maidan Nezalezhnosti, was sold in an auction for Hr 2.5 billion ($60 million) after being state-owned since 1961, Ukraine's State Property Fund said. The sale marks one of the country's largest privatizations of
Editor’s Note: This is issue 144 of Ukrainian State-Owned Enterprises Weekly, covering events from Aug. 17-24, 2024. The Kyiv Independent is reposting it with permission. Energy sector Cabinet leaves current gas tariffs for heat producers and households unchanged. On Aug. 23, the Cabinet of Ministers extended the public service
Editor’s Note: This is issue 135 of Ukrainian State-Owned Enterprises Weekly, covering events from June 2-8, 2024. The Kyiv Independent is reposting it with permission. The Cabinet approved the Reforms Matrix based on international partners’ recommendations on June 4. According to Prime Minister Denys Shmyhal, more than 200 reforms
The High Anti-Corruption Court on May 8 arrested in absentia Dmytro Sennychenko, the former head of the State Property Fund, Ukraine's Specialized Anti-Corruption Prosecutor's Office (SAPO) reported.
Editor’s Note: This is issue 119 of Ukrainian State-Owned Enterprises Weekly, covering events from Feb. 10-Feb. 16, 2024. The Kyiv Independent is reposting it with permission. Ukrainian SOE Weekly is an independent weekly digest based on a compilation of the most important news related to state-owned enterprises (SOEs) and
Editor’s Note: This is the 61st issue of Ukrainian State-Owned Enterprises Weekly covering events from Jan. 15 to Jan. 22, 2022. The Kyiv Independent is reposting it with permission. Corporate governance in SOEs State Food and Grain Corporation on the brink of bankruptcy. Lawmaker Maryan Zablotskyy, from the ruling
The State Investigation Bureau seized 100% of the shares of Kyiv’s Bilshovyk machine-building plant on Jan. 11 over suspicions that it may have been knowingly undersold at its privatization auction, according to a post on the bureau's website on Jan. 13. The shares, which are owned by tycoon Vasyl
Dmytro Sennychenko, the head of State Property Fund of Ukraine, has resigned on Nov. 16, several Ukrainian media outlets reported, citing their sources. According to Ekonomichna Pravda, the reason for his resignation was the scandalous sale of the machine-building plant Bilshovyk standing on a 35-hectare land plot in Kyiv. The
