First 9M05 Privatization Receipts Total USD 140 mln.
4 October 2008
During January-September the revenues from privatization amounted to USD 140 mln. Concorde Capital: Privatization receipts continue to lag behind the plan. The 2005 budget set a target of USD 1.4 bln to be received from privatization this year. The profits from Kryvorizhstal?s (KSTL: HOLD) re-privatization alone will allow the government to fulfill its privatization quota. The auction for the sale of a 93.02% stake in KSTL is scheduled for October 24, 2005 with starting price of UAH 10 bln (~USD 2 bln).
