Three state enterprises of Transcarpathia will be auctioned off

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On January 18, 2018, the parliament voted on the law on privatization, which is intended to speed up and improve the process of the sale of state property, and make it transparent, moreover, the privatization of state-owned enterprises, which, due to unprofitability and corruption, weigh on the state budget, was one of the requirements of international financial institutions and government advisors, the Facenews reported.

 In addition, the issue of privatization of state enterprises is considered one of the key reforms necessary to improve the economy.

The State Property Fund has identified the list of state-owned enterprises that will be put up for privatization in 2018: the list includes more than 100 items, mainly machine-building giants, as well as abandoned chemical and mining companies.

In Transcarpathia, three state-owned enterprises are planned to be privatized.

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