Bloomberg News

Ukraine’s Cabinet Wants to Sell 1,200 Companies, Kommersant Says

September 26, 2012

Ukraine’s government approved a draft law allowing the sale of 1,200 state companies which were previously untouchable, Kommersant-Ukraine newspaper reported, citing a person in the Cabinet familiar with the matter.

The list includes the energy company NAK Naftogaz Ukrainy, coal mines, alcohol plants, the newspaper said. The government is prepared to submit the draft law to the Parliament for approval, Kommersant-Ukraine said, adding that the legislature may vote on it before Oct. 28 elections.

To contact the reporter on this story: Daryna Krasnolutska in Kiev at dkrasnolutsk@bloomberg.net

To contact the editor responsible for this story: Balazs Penz at bpenz@bloomberg.net


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