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24.6 25.05
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Economy 2019-10-15T06:04:33+03:00
Ukrainian news
Property Fund On January 1 To Stop OPP, Lease Out By April

Property Fund On January 1 To Stop OPP, Lease Out By April

The State Property Fund on January 1, 2017 plans to stop the manufacturing facilities of Odessa Port Plant (OPP), a large Ukrainian producer of ammonia and carbamide based in Odesa Region, and to lease it out within three months (before April).


Ukrainian News Agency learned this from a Cabinet of Ministers source.

The letting of the enterprise will let OPP begin repaying the debts it owes Naftogaz of Ukraine national joint-stock company.

As Ukrainian News Agency earlier reported, the Cabinet approved the restructuring of over UAH 1.5 billion of OPP's debts to Naftogaz.

The debt was restructured for two years with the payments to start on April 1, 2017.

OPP transferred UAH 5 million to Naftogaz after the Government ordered Naftogaz to supply gas to the factory without interruptions.

Больше новостей о: Odesa OPP Odessa Port Plant State Property Fund lease

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