September 08, 2008

SPF to set up JV to complete Kirovohrad metals plant

Ukrainian Journal reported that Ukraine’s State Property Fund has completed an assessment of the property of the state Kryvy Rih Mining and Processing Plant for Oxidized Ores at Dolysnke in Kirovohrad region and on September 20th 2007 plans to sign an agreement on the creation of a joint venture to complete the building of the plant with an investor.

Mr Valentyna Semeniuk head of State Property Fund during a press conference in Kiev last week said that "The assessment of the object has been made, and next week I go the site and will sign the relevant documents."