Today the President of Ukraine signed amendments* to the Ukrainian privatisation law. The amendments will enable the beginning of the privatisation of large state-owned companies.
The most notable changes introduced to the privatisation procedure are as follows:
The amendments will become effective on the date following their official publication. It is likely that the first privatisation tenders will be announced shortly after that.
*The Law of Ukraine “On Amendments to Certain Legislative Acts of Ukraine (Regarding Clarification of Certain Provisions)” dated 16 February 2016.
If you would like to receive further information, please contact Dmytro Fedoruk or Rob Shantz.