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Ukraine set to privatize power companies in June-July

      RBC, 27.04.2011, Kiev 18:43:33.Ukraine intends to commence privatization of electric power companies in June-July, Ukrainian State Property Fund Chairman Alexander Ryabchenko said today. The first tender for the state stakes could be announced in late June or July.

      The Ukrainian government approved earlier this month divesting stakes ranging from 25% and 50% in 11 of 18 electric power companies, he reiterated. The market value of these stakes is estimated at $760m. In 2012, the country's government plans to divest its stakes in 7 more electric power companies.

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