Military Review

Ukraine has once again announced a big sale of state property

31
Last Friday, President of Ukraine Petro Poroshenko signed another law on privatization. This time, as experts noted, the Ukrainian state property will be “sold by auction in accordance with English law”. To the state property, the current Kiev authorities are approaching not for the first time. To some extent this has already become a kind of spring fun, since the implementation of such laws, as a rule, is announced in March. And then it all comes down to the greed of Ukrainian officials, who are confused about the desire to replenish the country's budget and their desire to get hold of state property.


Ukraine has once again announced a big sale of state property


Russian companies are banned

This time, in Kiev, they threatened a “big privatization”. The State Property Fund of Ukraine (SPFU) is planning to sell about a thousand state-owned enterprises before 2020. Among them there are large 20 - sort of notorious for the past attempts to privatize the Odessa port plant.

Several thermal power plants and regional energy companies, the leading energy generating company of Ukraine, Centrenergo OJSC, Zaporizhia Aluminum Plant, the plant for the production of mineral fertilizers Sumykhimprom and other long-livers of Ukrainian privatization will be put up for sale.

The fact is that many of these objects were previously included in privatization plans, but were not properly prepared for trading. In some cases, as was the case with the Odessa plant, they tried to bring their price down to a waste, but they could not, in others, conflicts of interests of state property applicants froze possible transactions for a long time.

Be that as it may, there has been no serious income to the budget for privatization revenues in Ukraine since 2005. For example, last year a little more than 3 billion hryvnias came from the sale of state-owned enterprises to the Ukrainian treasury, although the plan raised as much as 17 billions. The new appetites of the Ukrainian government have now risen to 22 billions, but not hryvnias, but the most genuine American dollars.

Among other things, the order of 400 objects of the so-called "small privatization" is put up for sale. Children's camps, cinemas, shops and even ships will go under the hammer. They will hone a new law, which now has an important innovation. Possible disputes between the claimants for state property can be considered not in local instances, but in an international commercial arbitration court, which operates on the principles of English case law.

This is a nod to foreign investors, whom the authorities in Kiev invite to the privatization of Ukrainian enterprises. For them, all the most "sweet and warm." Whom the Ukrainian authorities absolutely do not want to see at privatization auctions are companies and citizens of the Russian Federation.

For “companies of the aggressor state”, special restrictions are specifically introduced in the law. As the Deputy Minister of Economic Development and Trade of Ukraine, Maxim Nefedov, noted in the commentary to the media: “There is a ban on the participation of the Russian state, the participation of companies in which the Russian state has a significant share is also a rule that there can be no more than 10% of beneficiaries connected with the Russian state. - The official emphasized that “we don’t want Russian state capital, companies associated with the Russian government, to come here. Since we understand that Gazprom or Rosneft is not a business. It is economic weapon Russia. "

Weapons are weapons, but the financial well-being of a part of privatization objects is directly connected with their cooperation with “companies of the aggressor country”. The same Sumy Chemical Plant made mineral fertilizers from Russian natural gas, and the port plant in Odessa became one of the largest chemical enterprises in Ukraine, thanks to the processing of ammonia supplied by the Togliatti-Gorlovka-Odessa product pipeline by the Russian company Togliattiazot.

Corruption disrupts all plans.

However, the ban on the participation of Russian companies is more likely propaganda. In the 2016 law of the year, the whole aggressor state was also devoted to a whole story of prohibitions. However, last year, according to the Ukrainian State Statistics Service, Russia entered the top three countries in terms of direct investment in the Ukrainian economy. (Cyprus - 25,5% in the structure of foreign investment, the Netherlands - 16,2%, Russia - 11,4%.)

Experts note that in the first (Cyprus) and the second (Netherlands) cases we are talking about investments through offshore. In such a scheme, the final beneficiaries are not obvious, to a large extent, the likelihood of this could also be Russian companies interested in recapitalizing their previously acquired assets.

In any case, Russian companies can use their offshore structures and take part in privatization deals in Ukraine. Local politicians do not like it very much. Recently, as the German DW reported, the head of the parliamentary faction "Popular Front" Maxim Bourbaki demanded that the Antimonopoly Committee of Ukraine reconsider decisions on the purchase of LLC Energy International International more than 50 percent of the shares of the energy supplying company Chernivtsioblenergo.

In essence, the talk is about the nationalization of the assets of the VS ENERGY group, the beneficiaries of which are several Russian businessmen. Statements similar to what Bourbaki did were made by other regional deputies. Indeed, among the assets of the Energie, there are ten more regional energy companies, including Kievoblenergo.

The imputed Ukrainian politicians (there are such) reject the populist approach of Deputy Bourbaki and his supporters. They understand that the free treatment of someone else’s property will keep investors away from the country forever. Moreover, such cases are already known in the world. Most often in this regard, remember history US citizen of Ukrainian origin Vadim Segal.

Segal, the manager of an investment firm in New York, invested in his former homeland and built a soy plant for 50 million. The new company attracted billionaire Dmitry Firtash, and he simply cleaned it up for himself. In response to the seizure of his property, Segal turned to the local courts and the Ukrainian government for protection, but this did not help. Moreover, the efforts of Firtash Interpol issued a warrant for the arrest of Seagal, accusing him of fraud.

This story (and it is not unique to Ukraine) shows investors that they should not hope for a fair attitude of local law enforcement agencies to the resolution of business disputes. That is why the new law prescribed a procedure for the consideration of such conflicts in an international commercial arbitration court.

In Ukraine, a new procedure for settling disputes is presented as a breakthrough into civilization. In fact, this is a forced measure to counter the total corruption of Ukrainian officials. Without international protection from them, Western investors are unlikely to discuss the proposals of the Ukrainian government on the privatization of Ukraine’s state property.

This is not the only obstacle in the implementation of the privatization program. Experts note that the top Ukrainian officials are not interested in it. Today, they fully control the financial flows of state-owned enterprises, while not forgetting themselves loved ones. Privatization can deprive them of such a rich trough.

It is not by chance that in recent years, plans to privatize Ukrainian state property have not been implemented at all. For example, after Maidan, in 2014, the then Prime Minister of Ukraine, Arseniy Yatsenyuk, threatened to carry out the largest privatization in the last 20 years.

That plan was fulfilled by just 0,3%. The following year, the privatization rate rose to 1%. The record in this regard was 2017 year - almost 18 percent. However, even this record was only a confirmation of the fact that officials are in no hurry to let go of the state property that brings them a lot of profit.

The ambitious plan of privatization, according to experts, will face the same problems and turn into a new endless series of unfulfilled promises.
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  1. Vard
    Vard 7 March 2018 06: 09
    0
    I understand that ..
    1. Spartanez300
      Spartanez300 7 March 2018 07: 03
      +3
      Campaign Ukraine is living out its last days as a state.
      1. Nyrobsky
        Nyrobsky 7 March 2018 11: 21
        +3
        Quote: Spartanez300
        Campaign Ukraine is living out its last days as a state.

        Well, let’s say this is not the last, but the prospect of complete bankruptcy, both political and economic, is already in sight. The last days they will begin when they decide to return the Donbass by force.
        1. EnGenius
          EnGenius 9 March 2018 21: 31
          0
          With their economy, one can live well both at the expense of the agricultural sector and food production, transit balances, and electricity sales. That's only with metallurgy, apparently everything will be completely bent - given the political turbulence in the United States and Europe. In fact, they can turn into a kind of analogue of Poland, which, mind you, was inferior in the industrial development of the Ukrainian SSR.
          1. Lev Bronsch
            Lev Bronsch 12 March 2018 20: 43
            0
            1. Ukraine Turn into an analogue of Poland - are you serious ?? Just look at the GDP of Poland and Ukraine. At the same time, the real sector of the economy in Poland is well developed, it is not a bloated Baltic GDP. Which by the way is confirmed by Polish salaries and infrastructure and social programs. Frankly, the Russian Federation to work hard to the level of Poland 10-15 years, and Ukraine and all 50! And this is provided that Poland freezes in development, well, or its EU subsidies will be deprived))
            2. It is possible to live at the expense of the agricultural sector and other things listed above ... But then the population is not more than 10 million people. Otherwise, the level of Zimbabwe and Somalia for Ukraine will seem like a paradise. And yes, Moldova and Ukraine, slightly higher than Romania, Bulgaria and the balkans, possibly Georgia, even higher than the Baltic states and Azerbaijan, then Poland, Hungary, Slovakia, and the summit is the Czech Republic. such a cute pyramid is obtained)) The whole point is the development of technology, well, you don’t need so many hands in agricultural production, transit, etc. so a million 2, plus officials under a million, security officials 0,5 and their families including children and senior citizens. Well, with a stretch of 12 million people - that's it !! So Suprun and the chocolate pedro still work and work to reduce their stock hi
      2. SevaNikolaev
        SevaNikolaev 7 March 2018 22: 21
        +2
        There is no state as such, there is a game of “king-mountains” at the top, and at the bottom - each for itself.
        And for the sheep, a matrix is ​​created with a bright tag in two colors - the State. And by the way, the matrix is ​​successful, the brand is very popular, because it is built on a low sense of superiority - "everyone is bad, except for those who can give money, and we are the best, we dug the sea."
        PS The flag is a consequence of countermeasures against the “offensive on Yandex maps”
    2. 210ox
      210ox 7 March 2018 07: 03
      +6
      Yes, and I realized ... We already had it .. Thousands of looted enterprises ...
      Quote: Vard
      I understand that ..
    3. siberalt
      siberalt 7 March 2018 17: 12
      0
      March 18 in Kuev is expected to protest like "Poroshenko get." Let's see how many people there will gather and what it can result in. winked
      1. dSK
        dSK 8 March 2018 01: 48
        0
        Record year was 2017 - almost 18 percent. ... officials are in no hurry to get out of their hands state property that brings them considerable profits.
        This is only the beginning, there is absolutely nothing to pay interest on IMF loans, and this is not a “charity fund”. And besides, Gazprom will stop paying for transit. The officials will be replaced by euro-managers and a total sale will be arranged. Poroshenko will agree to everything, he has only one year left to sit until the election.
  2. populist
    populist 7 March 2018 06: 22
    +8
    This time in Kiev, they swung at "big privatization." The State Property Fund of Ukraine (FGIU) is planning to put up for sale about a thousand state-owned enterprises by 2020.

    And how many state-owned enterprises will be sold here after the election?
    I would like to outline a principled position here. The share of the state in the economy should gradually decrease.

    The guarantor said the other day ...
    1. Uncle lee
      Uncle lee 7 March 2018 06: 34
      +7
      Quote: populist
      The share of the state in the economy should gradually decrease.

      I have an association with a drunkard who sells his property in the hole.
    2. Nyrobsky
      Nyrobsky 7 March 2018 11: 30
      +5
      Quote: populist
      And how many state-owned enterprises will be sold here after the election?
      I would like to outline a principled position here. The share of the state in the economy should gradually decrease.

      The guarantor said the other day ...
      The question is not how much? The question is - How? Here, about a year and a half ago, DAM with Dvorkovich and the now convicted Ulyukaev, too, chanted about the need for a second wave of privatization to cover the budget deficit, and what in the end? The guarantor voiced the requirements for the participants in privatization: - The Russian citizenship of the applicant is a priority, a controlling stake in Russia, the presence of a business plan for the development of the property being privatized, etc. (several more nishtyaks, I don’t remember everything), after which they accepted the faces of “geniuses for tumbling” sour look and the topic has left the discussion ...
      1. populist
        populist 8 March 2018 08: 37
        +2
        Nyrobsky
        The guarantor voiced

        laughing laughing "Blessed is he who believes, warmth in the world!"
        Why sell revenue generating businesses? negative
        And others will not buy. There are no fools. sad
        1. Golovan Jack
          Golovan Jack 8 March 2018 08: 41
          +5
          Quote: populist
          Why sell revenue generating businesses? And others will not buy

          And the word "business plan" we did not hear, no ...
          Quote: populist
          No fools

          Your comment makes you doubt the truth of this statement. laughing
  3. samarin1969
    samarin1969 7 March 2018 06: 52
    +5
    Ukraine’s most delicious assets are magnificent land and a very good food industry. The land is quietly "redistributed", and the food industry has long been divided and already has an investor "according to English law" ... Under Kuchma, the economy rested on pipe, chemistry and steel. The first two went into trouble with the 1st Maidan to them. Yushchenko. Steel production fell 2 times after 2007 and the Donbass ....
    Poroshenko will arrange an auction for the sale of scrap metal "according to English law." ...
    1. rocket757
      rocket757 7 March 2018 09: 50
      +3
      How ento everything is familiar.
  4. Lnglr
    Lnglr 7 March 2018 09: 36
    +7
    So what? Isn’t it the same with us?
    1. rocket757
      rocket757 7 March 2018 09: 47
      +10
      This is not so with us! We already have everything that can be pulled away, which is not possible, however, the same!
      1. Nyrobsky
        Nyrobsky 7 March 2018 11: 32
        +2
        Quote: rocket757
        This is not so with us! We already have everything that can be pulled away, which is not possible, however, the same!

        Do you write from the Baltic states?
        1. rocket757
          rocket757 7 March 2018 12: 31
          +5
          No, Mothers from Russia ... but what, something foreign appeared in the text? Ali didn’t pull away from us; all those who are now the imperious "elite" attracted attention.
          Probably bought his “Volga” on a voucher, as the red-haired hell promised?
          Okay, let’s be realistic, this is capitalism and the period of accumulation of primary capital, it was a robbery of the country, people and further on the text of the classics of Marsism-Leninism, nothing new.
          1. Nyrobsky
            Nyrobsky 7 March 2018 13: 10
            +3
            No, I invested a voucher in the "First Investment Fund" where Ella Pamfilova, who is now the head of the Izberkom (the same mouse), was spinning on the board of the fund. He received dividends in the amount of 15 full-fledged Soviet rubles, which I still can’t spend because of their transfer by the fund’s council to the “First Pension Fund”, which, like the “First Investment” after the “picking” of cabbage, at the same time rested in a Bose. So to become the proud owner of the Volga did not happen. I agree that a lot was stolen and killed, but fortunately, not all. This "not all" today produces weapons samples, from which mattresses have been written for a week at night.
            1. rocket757
              rocket757 7 March 2018 14: 13
              +7
              I am also VERY glad that not all of them did succeed!
              I, too, am grateful to the GDP; they didn’t completely pull the country away!
              I also work and teach the younger generation that we need to love the Motherland and the way it is, even a stepmother, but my own, dear.
              I also do not believe any liberal and guardians from beyond the hill, I beat as much as I can any nits that blaspheme against my people.
              I don’t have a very good attitude towards our government and a very bad attitude towards the corrupt "elite" who is sitting on the neck of my people ... so criticism, not a boast of our authority, is what it deserves - that's my opinion!
              Who deserves what I write / say!

              I hope we have dotted Y. We must be united, we still have to fight for our rights, TOGETHER TOGETHER !!!
              I have the honor. soldier
  5. sxfRipper
    sxfRipper 7 March 2018 11: 00
    +1
    Segal, the manager of an investment firm in New York, invested in his former homeland and built a soy factory for $ 50 million. The new enterprise attracted the billionaire Dmitry Firtash, and he simply tidied it up
    And Ukrainians from this almost secured! laughing
  6. Curious
    Curious 7 March 2018 14: 02
    +1
    Reading such articles, and especially comments on them, once again you are convinced how German the monk Brant was a seer back in 1494. Nothing has changed for more than half a millennium. And that ship is sailing, and the crew is in place. And replenished continuously.
  7. Cuba
    Cuba 7 March 2018 15: 46
    0
    the final razderban shvenemerloy ?? ...
    I’d rather be exhausted ... Amen!
  8. iouris
    iouris 7 March 2018 15: 50
    +1
    In Ukraine, a big sale of state property of the USSR was again announced.
  9. APASUS
    APASUS 7 March 2018 21: 25
    +2
    It is strange that Ukrainians have not yet realized that everything that will be bought by foreign investors will be closed. The West needs the land of Ukraine, and the industry of Ukraine has not been updated for 20 years, there are no modern facilities for investment, or rather, practically no.
    Western countries need a poor and pliable Ukraine, not a well-fed and rich one.
    1. karish
      karish 7 March 2018 21: 36
      +2
      Quote: APASUS
      It is strange that Ukrainians have not yet understood that everything that will be bought by foreign investors, everything will be closed

      and why the heck to buy? You can wait, it will close itself
      Quote: APASUS
      everything will be closed. The West needs the lands of Ukraine,

      I'm just wondering (what for) -
      just as a fact, I bought in the Poltava region 15 years ago 25 hectares of land --- I paid some pennies.
      Well, she stands - fuck nobody needed.
      \ in order to buy land in Ukraine-for this you do not need to buy plants !!!
      APASUS - there is a way much easier !!!
      You can just take and immediately buy land.
      Have you thought about such a complicated combination?



      Quote: APASUS
      Western countries need a poor and pliable Ukraine, not a well-fed and rich one.

      Well, why do they need a poor Ukraine?
      start in a circle --- WHAT TO BUY THE LAND laughing laughing laughing
      1. dSK
        dSK 8 March 2018 01: 33
        0
        China has long been buying up Ukrainian chernozems in quiet.
      2. APASUS
        APASUS 8 March 2018 08: 56
        0
        Quote: karish
        and why the heck to buy? You can wait, it will close itself

        It will not close, or rather not all. Do you really think that local oligarchs want to become poor.
        Quote: karish
        I'm just wondering (what for) -

        How many countries have soils like Ukraine? It’s worth buying land if only because industry doesn’t let it out!
        Quote: karish
        Well, why do they need a poor Ukraine?

        Rich people won’t go to war for American promises, they won’t sell their country for cookies.
        Americans need complete and unconditional submission. If there can be problems with ideology, then there is no property. That's why they are safe. And Ukraine can be used as a ram for Russia, Germany and the EU. Here, for example, Poles want reparations from Germany, do not you think thought of it?
  10. SASHA OLD
    SASHA OLD 13 March 2018 02: 41
    0
    Annual Ukrainian Fair!