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KYIV (Reuters) - Ukraine hopes to start selling off confiscated Russian assets this year via privatisation auctions to help fund reconstruction efforts, the head of the State Property Fund said. | 10:17am
Kiev reportedly seeks to make $400 million to shore up its budget Ukraine is looking for "brave" investors as it seeks to sell b
The State Property Fund of Ukraine (SPF) is preparing to put up Demurinsky Mining and Processing Plant owned by Russian businessman Mikhail Shelkov for privatization, SPF Head Rustem Umerov said in an interview with Forbes Ukraine.
Plants and an agricultural holding owned by a Russian oligarch worth UAH 2 billion were nationalized, the Security Service of Ukraine (SBU) has said.
The High Anti-Corruption Court (HACC) on Monday partially satisfied a claim of the Ministry of Justice for the confiscation of Ukrainian assets of the main beneficiary and member of the board of directors of Russian PJSC VSMPO-Avisma Corporation, the world's largest titanium producer, Mikhail Shelkov, refusing, in particular, recover 100% of Demurinsky Mining and Processing Plant LLC and a number of other companies to state.