SPF Looking To Sell Energy Company Stakes On Local Exchanges In Febuary

In an interview yesterday, SPF Head Valentyna Semeniuk said that following the issuance of a government order, expected next week, the SPF would put stakes in several energy companies up for sale on local exchanges. The exact companies to be sold, and the size of the stakes was not given. Energy company stakes included on the 2007 list for privatization include Chernivtsyoblenergo (CHEN), Cherkassyoblenergo (CHON), Chernighivoblenergo (CHEON), Dniproenergo (DNEN: HOLD), Donetskoblenergo (DOON), Krimenergo (KREN: SELL), Lvivoblenergo (LVON) Odesabolenergo (ODEN), Poltavaoblenegro (POON), Prikarpatiyaoblenergo (PREN: BUY), Kharkivoblenergo (HAON) and Volynoblenergo (VOEN).  Alexander Paraschiy: Selling the state’s stakes in LVON, CHOEN, PREN and POON could help settle the conflict between the company’s main minority shareholders. Additionally, by selling its 25% stake in ODEN, the state could effectively end its conflict with VS Energy regarding a dilutive share issue the latter wants to carry out.