The Cabinet has approved a plan for the offer of stocks of 11 energy companies, planned for the sale this year, Head of the State Property Fund of Ukraine (SPFU) Oleksandr Riabchenko told journalists with reference to a relevant decision adopted at the government meeting on Wednesday, UKRINFORM reported.

He reminded that before announcements are published about privatization of companies, the government should approve the terms of their privatization.

As it was reported, on May 1, the Cabinet handed over state shareholdings of two energy-generating and nine energy supplying enterprises to the State Property Fund that are planned for the sale in 2011.

Among them, 25% of stocks of Dniproenergo and 45.1% of Zakhidenergo, as well as by 50% of stocks of Vinnytsiaoblenergo, Dniprooblenergo and Zakarpattiaoblenergo, 46% of stocks of Cherkasyoblenergo, by 45% of stocks of Krymenergo and Chernivtsioblenergo, 40.06% of stocks of Donetskoblenergo, 25.99% of Ternopiloblenergo and 25% of Kyivenergo.

On June 16, Riabchenko said that in 1.5-2 months, the Cabinet will approve the competition terms for privatization of the state stake in a number of state-run energy enterprises. According to him, this list will include all energy companies, whose privatization was announced earlier.

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