You're reading: Agriculture ministry hopes to raise up to Hr 1 billion during privatization of 150-180 companies in 2015

Around Hr 1 billion could be raised for the agricultural sector as a result of the privatization of 150-180 companies in 2015, Agricultural Policy and Food Minister Oleksiy Pavlenko has said.

“This year we see 150-180 companies that will be offered for the privatization, and this is a realistic list. The total sum that we see for these companies is up to Hr 1 billion raised for the sector,” he said during discussion on the prospects of privatization and the development of key state enterprises under the management of the Agricultural Policy and Food Ministry.

Pavlenko said that in 2014 only, the total loss of the said agricultural companies reached Hr 1.5 billion.

He said that during the privatization around 100,000 Ukrainians could receive land parcels and then income from land leasing.