Cabinet extends 2009 privatization list

The Cabinet of Ministers of Ukraine decided to sell out 61.58% of the shares in aviation company Ukraine International Airlines (Kyiv) in 2009, according to UKRINFORM.

With the relevant resolution, the government amended its resolution of December 3, 2008 on the list of companies whose state-run shareholdings are subject for sale in 2009.

The Cabinet of Ministers also decided to sell 100% of the shares in aviation company Air Ukraine (Kyiv), 35.52% of the shares in Rivne-based Universal Avia, and stakes in a number of other enterprises. In all, 135 new objects were put on the 2009 privatization list.

In 2009, the State Property Fund of Ukraine must transfer to the national budget almost UAH 9 billion (UAH 7.70 / USD 1), including UAH 8.5 billion of privatization receipts and UAH 555.5 million of pay for the rent of the national property.