"We'll be looking for better
times, including the political ones, so that there is a common
political will, a common vision of the privatization process. I think
this will be next year," the official said adding that terms and
conditions of the auction will not be changed. According to Parfenenko,
an adequate price of Odesa Portside Factory is UAH 8-9
billion.
Ukraine-based Nortima Ltd. has today won the auction on the
sale of 99.567% stock in JSC Odesa Portside Factory. The company
offered UAH 5 billion (USD 1 - UAH 8.01) and this was the maximum
offered at the tender. The starting price was UAH 4.1 billion, bid
increment - UAH 50 million. A tender commission of the State Property
Fund (SPF) rejected the results of the auction on the sale of factory.
According to the commission members, Nortima's price for the enterprise was to low. Prime Minister Yulia Tymoshenko blamed the auction participants for collusion in order to bring down the factory price.
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