The Ukrainian Metal

Ukraine: UMCC corporatisation started

The state enterprise United Mining and Chemical Company will become a joint-stock company.

On April 25, the State Property Fund will hold a competition on the company evaluator, and this will be the first step on its way to corporatisation. After that sale of shares will follow.

“We need this to be able to offer our shares to an investor and get money for development”, sad the company deputy general director Alexander Gladushko. (Ukrainian metal)

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