The State Property Fund of Ukraine Dmitry Sennichenko has issued an order for the creation of a competitive commission for the selection of privatization advisors to PJSC Centrenergo. Centrenergo is a state-owned major electric and thermal energy producing company in central Ukraine and eastern Ukraine.

The investment advisers are already 5 large-scale privatization entities and the fund has initiated the selection of privatization advisers for Centrenergo. Preparation procedures for the privatization of a number of the next large-scale privatization objects will be launched in February 2020. The state fund stated that the implementation of measures will provide the most transparent and competitive privatization and 100% implementation of the plans of privatization proceeds set in the state budget-2020.