Ukraine launches fire sale of state assets – Bloomberg ...News

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Kiev reportedly seeks to make $400 million to shore up its budget Ukraine is looking for "brave" investors as it seeks to sell big state-run companies at distressed prices to raise funds for its aid-dependent budget, Bloomberg reported on Thursday, citing the head of the State Property Fund (SPF), Rustem Umerov. Currently, more than 3,500 companies are listed as state-owned with almost 1,800 of them bankrupt and non-functional. The list for privatization includes distilleries and grain elevators, which could be of interest to investors, as well as hundreds of abandoned facilities, which will likely see limited dem

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