Tit: the state has provided by law the levers of influence on unfair of a buyer not fulfilling its obligations

Photo: censor.net.ua

The privatization of Odessa portside factory will not only allow Ukraine to attract investments, but also give the enterprise the groundwork for long-term development, said the acting Director of OPZ, Nikolai Bird in interview “Censor.NO.”

“The state property Fund of Ukraine is preparing for the privatization of AES. Provided adviser on privatization in the face of the American company Pericles Group Advisory. I fully share the desire of our government and President to transfer the plant to a new, responsible owner, who will be determined after auction. Privatization will not only allow Ukraine to attract investments, but will also give the HMO the groundwork for long-term development. The acquisition of a business, the state is only a part of investments. In the future, funds are allocated for the modernization, renovation equipment that can improve the quality and efficiency of work. And development of the company, in turn, guarantees a constant filling of the state budget due to tax deductions,” said the Bird.

According to him, the government will use legal leverage in the event of a breach by the investor of obligations that ensures the safety of workplaces.

“Everything is accounted for in the investment agreement between the state and the future winner of the privatization tender. The state has provided by law the levers of influence on unfair buyer who does not fulfil his obligations. Therefore, from this point of view, we guarantee the safety of workplaces. In addition, you need to consider that the HMO employs highly qualified specialists, including those in demand abroad, no sensible owner does not want to lose this resource,” – said the head of the company.

Odessa port plant is one of the largest state enterprises in the chemical industry of Ukraine. Located in the city South, 47 km from Odessa, specializiruetsya in the production of ammonia and urea.

In December 2016, the state property Fund planned to hold an auction for the sale of the HMO. The initial price was to be of 5.16 billion. But in the end did not take place from-for absence of demands from buyers.

April 30, 2018, the company said that the SCR completely ceases to work. 2 of may it became known that the plant to be privatized for $54 million

In early August, 2018, the IPF launched the production of ammonia and urea after it is idle.