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Total revenues of TOP 100 state-owned companies for 9 months boosted by UAH 187 bn.

18 March 2016, 18:08

As a result of activities of TOP 100 companies for 9 months their revenues have grown by UAH 187 billion. Deputy Minister of Economic Development and Trade of Ukraine Yulia Kovaliv announced on 18 March, during the extraordinary Cabinet’s meeting which was summoned to consider the results of audit of major state-owned enterprises.

“Today in Ukraine there are over 3,500 enterprises, half of which operational. Now, pursuant to the law the privatization of over 1,700 state-owned enterprises have been prohibited ", said the Deputy Minister.

In turn, Prime Minister of Ukraine Arseniy Yatsenyuk commissioned to prepare to be submitted to the Parliament a new bill on reduction of objects prohibited for privatization and expressed belief that the Verkhovna Rada would support this draft.

On the outcomes of the audit of TOP 100 state-owned companies, during 9 months their profits have boosted by 45%, which is UAH 187 billion, the total net asset value makes up about UAH 1 trillion.

In general, the state enterprises are expected to have earned UAH 2.6 billion in 2015, which is by UAH 10 billion more versus 2014, when they demonstrated losses worth UAH 7.4 billion.

Cabinet of Ministers of Ukraine

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