Privatization should start en masse from September 1 in Ukraine

11:16 04 August Kyiv, Ukraine

From September 1, they plan to massively launch the privatization process.

 
This was stated by Prime Minister Denys Shmygal during a conference call with regional leaders.
 
"The President of Ukraine has set the task of launching privatization from September. To this end, the Verkhovna Rada adopted the relevant legislation, the government developed all by-laws. I must make this process as fast as possible," Shmyhal said.

At the same time, he said, the state is launching grant programs to motivate businesses and people to create jobs as much as possible.
 
"Small privatization, especially in regions where people in villages and towns know objects that have been standing for years and inefficiently used, is designed to make it possible to buy these premises at a fair price and start work," the prime minister added.

Privatization will also allow expanding production for farmers, the government said.

The Ministry of Economy said that in early September, according to the schedule, auctions for elevator capacities and grain factories will be announced.
"Market operators who see a shortage of capacity will be able to take part in these competitions," the government concluded.