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«AgroInvest» — News — Turboatom may be sold in 2013

Turboatom may be sold in 2013

2012-12-18 10:39:50

The State Property Fund is planning to sell the government stake in OJSC Turboatom in 2013.

This is specified in the SPF Order 3950 of December 7 on approval of the list of objects that will be offered for sale in 2013.

According to the document, the government owns 75.2% of the shares in the company. Its authorized capital amounts to 105.624 million UAH.

The stake in Turboatom can be sold only with the agreement of the Cabinet of Ministers of Ukraine.

Turboatom specializes in manufacturing turbines for thermal, nuclear and hydro power plants, combined cycle and other power generation equipment. The company's revenue last year totaled 1.4 billion UAH (+36.7%), net profit 427.3 million UAH.

As reported, in November, the general director of the Russian State Concern Rosatom, Sergey Kiriyenko, said that they were ready to consider buying the Kharkiv-based enterprise Turboatom.

According to experts, Rosatom's competitors may be the Russian concern Power Machines, which owns about 5% of the shares in the Ukrainian enterprise, and the companies related to Energy Standard of Konstantin Grigorishin.

 

 

Ukrinform