The President of Ukraine issued a decree forming another organ of executive authority, the National Agency for Managing State Corporate Rights.
Oleh Taranov, who was in charge of organizing the EBRD annual meeting in Kyiv, was appointed chairman, a post of ministerial rank.
The new agency's main task, Taranov announced with impressive decisiveness is "to make the state property work and bring dividends." They have also found an easy way to do it: "attract investors without privatization by giving them enterprises to manage that are unprofitable for the state." In other words, take it free of charge, because we would have to throw it out anyway. But an interesting question arises: where are they going to look for investors who want to manage unprofitable enterprises?
The agency's plans are wide. Oleh Taranov denies that his agency is duplicating the functions of the State Property Fund and declares that "after testing their abilities in managing the state-owned stock, many investors will be more certain when investing money in privatization." Such an approach to the investor was described as "an attempt to make the state the businessman's partner."






