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Ukraine sets minimum sale price of state-owned Sumykhimprom at $29 million, Ukrbud at $6.3 million

Photo by Tayminna / Unsplash

The Ukrainian government has approved the privatization terms and sale price for the chemical industry plant Sumykhimprom and construction company Ukrbud, according to Ukraine's Ministry of Economy.

The starting sale price for Sumykhimprom is about UAH 1.2 billion ($29 million) and for Ukrbud UAH 263 million, the ministry said. Both stakes will be sold through an electronic auction.

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