The Odessa Port Plant (OPP) will be sold by October 2015. The Cabinet of Ministers' decision
According to the State Property Fund, 94,56% of the shares are planned to be sold at auction by September 30, 2015.
This privatization deadline was set by the Cabinet of Ministers of Ukraine.
Let us recall that the State Property Fund had previously planned to sell 89,567% in December 2014.
The privatization of Odesa Port Plant has been discussed for over seven years. Ukrainian, Russian, and other financial-industrial groups are interested.
One of the most scandalous attempts to sell Odesa Port Plant took place on September 29, 2009. Nortima LLC, controlled by Igor Kolomoisky's Privat Group, won the tender for 99,567% of Odesa Port Plant shares. The company was willing to pay 5 billion hryvnias.
However, the State Property Fund commission declared the tender results invalid. Experts believe this decision was influenced by Group DF owner Dmitry Firtash.
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