Bloomberg News

Ukraine Sells Distributor Zakarpattyaoblenergo for $17.5 Million

February 13, 2012

Feb. 13 (Bloomberg) -- Ukraine sold a 50 percent stake in electricity distribution company PAT Zakarpattyaoblenergo for 140.7 million hryvnia ($17.5 million), the state property fund said today in a statement on its website.

The buyer was TOV Energetychna Ukraina TV and the starting price was 135 million hryvnia, the fund said.

--Editors: Alan Purkiss, Chris Peterson

To contact the reporter on this story: Daryna Krasnolutska in Kiev at

To contact the editor responsible for this story: Balazs Penz at

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