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Shmyhal: "We are resuming big privatization"

The government will update the list of strategic enterprises that are not subject to privatization.

Shmyhal: "We are resuming big privatization"
Photo: Denys Shmyhal

Together with the Ministry of Economy and the State Property Fund, Prime Minister Denys Shmyhal has held a meeting on the reform of the management of state-owned enterprises.

After the meeting, Shmyhal announced the government's plans for privatization:

- to transfer most state-owned enterprises into management by the State Property Fund;

- after analysing their activities, they will either be privatized or given a new level of management according to OECD standards;

- to resume Big Privatization to stimulate investment;

- to accelerate the liquidation of insolvent enterprises;

- to update the list of strategic enterprises that are not subject to privatization;

- to develop a strategy for managing enterprises that have been confiscated from sanctioned persons

- to optimize the structure of the SPFU.

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