Kostiantyn Koshelenko held a meeting of the working group on coordination of privatization activities in the Kherson region

On February 18, Deputy Chairman of the State Property Fund Kostiantyn Koshelenko held a meeting of the working group to coordinate activities on the privatization of state property in Kherson region.

The head of Kherson Regional State Administration Dmytro Butriia, the head of the Fund’s regional branch of Kherson region, the Autonomous Republic of Crimea and Sevastopol city Halyna Tesliuk, asset managers of the objects included in the list to privatization, and specialists of the Fund, attended the event.

The participants of the working group considered the issues of further activity of  SAC “Kherson-Avia”  and preparation of the following objects for privatization: PC of SOE “Skadovsk Sea Commercial Port”, SOE “Heroiske Research and Industrial Enterprise” block of shares of OJSC “KCC (Kherson Cotton Combine)”, PC of SOE  “Novotroitskyi Elevator”,  a state-owned block of shares of 100% of the authorized capital of PJSC “Kherson Plant “Sudmash”. The issue on putting up for leasing of the sanatorium “Gopri” premises  was also considered. In particular, it was noted that in the near future OJSC “KCC” and PJSC “Kherson plant “Sudmash” will be put up for privatization auctions.

“Cooperation with local authorities is very important for the State Property Fund, so we appreciate the coordinated cooperation with the Kherson Regional State Administration. After all, we have a common goal - to attract investment into Ukraine's economy and create new workspaces”, Kostiantyn Koshelenko stressed.

By the way, many assets reaching into the Fund in an abandoned condition, often without proper documents. Inefficient use of non-core assets has led either to their destruction over decades or to the illegal use of third parties through corrupt schemes. The only solution is transparent privatization. The State Property Fund creates an investment menu for entrepreneurs and carries out marketing in order to increase competition at auctions to form market prices of objects.