Name of company

Stake to sell, Price

Company Description

Ukrtelecom

38% (Balance price about 100 mln USD)

National Ukrainian telecommunication company which occupies about 95% of the market provides fixed, special communication and internet communication. Revenue in 2006 Jan-Sept was 1.15 billion USD.

Odessa Port Side Chemical Plant

99.52% (Balance pre-estimated value 0.3-0.5 mln USD)

One of chemical plants which produce ammonium and caramide. Valued due to comfortable location in Odessa Prot which gives opportunity to control all country’s ammonium shipment. Share of ammonium export -50%, carbamide 20%. Production volume for 9 month of 2006: 307 thousand tons of carbamide, 875 tons of ammonium.

OJSC Pavlogradvugillya

7.82% (Balance value 103 981.8 thousand UAH).

(92.11% was bought by 1 401 mln UAH)

Biggest Ukrainian coal mine which produces about 12 million tons of coal yearly and it is about 19% of Ukrainian overall volume of coal mined. Since June 2004 92.11% of shares of Pavlogradvugillya was indirectly bought by SCM (Rinat Akhmetov’s business group)

OJSC Foton

99.21% (Balance Value 66 328 thousand UAH)

Production of electronic devices. Mainly, Foton plant was assembling TV sets from imported parts for other brands.

CJSC Indar

70.7% (Balance Value 57 187 thousand UAH) 

National manufacturer of insulin and exports its products in CIS countries and covers almost all domestic market. Production capacity is 12 million doses and 2 million cartridges of insulin per year.

OJSC Dzhankoy Engineering Plant

99.99% (Balance Value 43 547 thousand UAH)

Production of equipment for tractors for agricultural industry. Recently plant in bad financial situation and does work.

OJSC Ukragromashinvest

50,08% (Balance Value 29 199 thousand UAH)

Leasing of equipment and machinery for agricultural business. Last several years company has no profit.

OJSC Ternopil-based Orion Radio Pkant

96.13% (Balance Value 24 885 thousand UAH)

Plant which is specialized in production of communication equipment, which is mostly used for military purpose. There were already for attempts for privatization of the plant but without successful result.

OJSC Leninska Kuznya

25.35% (Balance Value 20 407 thousand UAH)

Shipbuilding, machine building and metal processing plant which has long history since 1928. Export volume in 2005: 74 352 thousand UAH, production volume for 112 794 thousand UAH.

OJSC Etal Research and Production Amalgamation

100% (Balance Value 23 959 thousand UAH) 

Manufacturing of printed circuit boards, electronic parts and components. www.etal.ua Net profit in 2005 336 thousand UAH.

Ukrnaftoprodukt

50% + 1 stock

(Balance Value 18 326 thousand UAH)

State company for sales of oil products such as patrol and diesels fuel. Sales volume in 2005 – 209.7 mln UAH, 2004 – 1 476 million UAH, 2003 – 1 400 million UAH.

OJSC Luhansk Accumulators Research and Production Firm

50% + 1 stock

(Balance Value 18 774 thousand UAH)

Manufacturer of batteries for cars, trucks, planes, ships and other purposes.

OJSC Pivdenny electric machine industry

75.01%(Balance Value 18 719 thousand UAH)

Production of parts and components for communication equipment. Number of employee 670. Recently worked not stable since no demand in its products.

NJSC Oranta

25%+1(Balance Value 23 959 thousand UAH)

National Insurance Agency Oranta founded in 1921 and is biggest insurance company in Ukraine. About 9 thousand employees, 633 offices. Assets are amounted in 32 mln USD. Gross profit in 2004: 25 mln USD.

Ukrpapirprom Holding

94.9%(Balance Value 9 693 thousand UAH)

Manufacturer of paper, pulp products and cardboards.

The comapanies profit in 2004 was more than 11 mln UAH since 2005 company has no profit.

OJSC Kherson cotton mill

25%+1(Balance Value 8 999 thousand UAH)

Cotton mill processes bout 10 tons of cotton daily. Production capacity about 100 tons daily. Biggest cotton mill in Ukraine but with old equipment.

OJSC Luhansknaftoproduckt

36.54%(Balance Value 6 641 thousand UAH)

Distribution and sales of oil products. Includes network of fuel stations – 86 stations.

OJSC Serp I Molot

63.59%(Balance Value 1 543 thousand UAH)

Plant founded in 1882, specialized in production and modernization of agricultural equipment, tractors, etc. Currently the plant is under bankruptcy procedure and not operating.

OJSC Chysti Metaly

57.2%

(Balance Value 295 thousand

UAH)

The company produced silicon solar panels, night vision equipment, aviation navigation and guidance

systems etc. Net profit in 2005 was 639 thousand UAH, net loss in 2006 498 thousand UAH.

OJSC Makiyivka steel mill

60.86%(Balance Value 215 532 thousand UAH)

Oldest steel mill in Ukraine since 1892 majored in production of cast iron: production volume of cast iron- 26 million tons per year, steel 34 mln tons, rolled steel 26.4 mln tons, plate steel 9.6 mln tons.

OJSC Poltavaoblenergo

25%+1 (Balance value of stake about 2,707thousand USD)

Regional electricity distributing companies.

OJSC Sumyoblenergo

25%+1(Balance value of stake about 2,170 thousand USD)

OJSC Chernigivoblenergo

25%+1(Balance value of stake about 1,479 thousand USD)

OJSC Prykarpattyaoblenergo

25,02%(Balance value of stake about 1,270 thousand USD)

OJSC Odesaoblenergo

25,01%(Balance value of stake about 2,554 thousand USD)

OJSC Lvivoblenergo

26,98%(Balance value of stake about 2,565 thousand USD)