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Historical review

The State Property Fund of Ukraine was founded in 1991 with a Resolution of the Cabinet of Ministers of the Ukrainian RSR No. 158 for execution of the state policy in the sphere of privatization of the state property. The regional departments of the Fund were created in 1992.

The resolution of the Verkhovna Rada of Ukraine dated July 07, 1992 No. 2558-XII approved the Temporary provision for the State Property Fund of Ukraine.

In 1994 the Decree of the President of Ukraine No. 56 “About the unique system of the privatization bodies in Ukraine” was accepted, according to which the modern system of the privatization bodies was formed.

According to the Decree of the President of Ukraine “About the changes in the system of central bodies of the executive power of Ukraine” dated 13.03.99 No. 248/99, the State Property Fund of Ukraine belongs to the central bodies of the executive power.

According to the Scheme of organization and collaboration of the central bodies of executive power, approved by the Decree of the President of Ukraine dated 15.12.1999 No. 1573/99 “About the changes in the structure of the central bodies of executive power” the Fund belongs to the central bodies of the executive power with special status.

In accordance with the Decree of the President of Ukraine dated 30.01.2007 No. 56/2007 “Issue of the State Property Fund of Ukraine” the Fund was excluded from the list of central bodies of the executive power with special status.

According to the Scheme of organization and collaboration of the central bodies of the executive power approved by the Decree of the President of Ukraine dated 09.12.2010 No. 1085/2010 “About optimization of the system of central bodies of the executive power” the Fund belongs to the central bodies of the executive power with special status.

In accordance with the Decree of the President of Ukraine dated 30.01.2007 No. 57/2007 and the order of the Fund dated 28.02.2007 No. 38-p the Regional Department of the State Property Fund of Ukraine in the city of Sevastopol is renamed into the Regional Department in the Autonomous Republic of Crimea and the city of Sevastopol.

On January 06, 2012 the resolution of the Verkhovna Rada of Ukraine dated July 07, 1992 No. 2558-XII “About the Temporary provision for the State Property Fund of Ukraine” lost its validity due to approval of the Law of Ukraine dated 09.12.2011 No. 4107-VI “About the State Property Fund of Ukraine”.  

In accordance with the Law of Ukraine dated 09.12.2011 No. 4107-VI “About the State Property Fund of Ukraine” the activity of the State Property Fund of Ukraine shall be directed and coordinated by the Cabinet of Ministers of Ukraine.

The State Property Fund of Ukraine executes its powers directly and through regional departments in the Autonomous Republic of Crimea, regions, cities of Kyiv and Sevastopol and the representative offices in the districts and cities, created by the State Property Fund of Ukraine if required.
 

Themaintasks of the Fundareasfollows:


1) realization of state policyin the sphere of privatization, rent, application and alienation of the state property as wellas in the sphere of state regulationof the evaluation of the property, property rights and professionale valuation activity;

2) organization of the execution of the Constitution and the laws of Ukraine, decrees of the President of Ukraine and the Cabinet of Ministers of Ukraine, other legislative acts and the control over their execution;

3) administration of the state property objects, in particular corporate rights of the state in the statutory capitals of the economic entities regarding which the resolution about privatization has been taken and the plan of privatization or the plan of the shares distribution has been approved; the entities formed in the process of transformation (including by corporatization) of the state enterprises which belong to the sphere of its administration, as well as the societies formed with the participation of the State Property Fund of Ukraine;

4) protection of the property rights of the state enterprises, institutions and organizations as well as corporate rights of the state on the territory of Ukraine and abroad;

5) control in the sphere of organization and realization of privatization of the state property, alienation of the state property in the cases specified by the legislation, transfer of the state property to rent and use; return to the state ownership of the state property which was privatized, alienated or withdrawn from state ownership due to violation of the legislation, administration of the corporate rights of the state which are in the sphere of its administration;

6) state regulation in the sphere of the property evaluation, property rights and professional evaluation activity;

7) favor to process of demonopolization of the economics and formation of the conditions of the competition of the producers;

8) collaboration with the international organizations in the realization of the state policy in the sphere of privatization, rent, application and alienation of the state property in the frames of their powers, administration of the corporate rights of the state as well as in the sphere of state regulation of the property evaluation, property rights and professional evaluation activity.

The Fund in accordance with the tasks assumed:

in the sphere of normative support:

develops together with the central bodies of the executive power and guarantees the execution of the state privatization plans;

collaborates with the international organizations, state bodies and non-governmental organizations of foreign countries regarding the issues included into its competence.

in the sphere of privatization of the state property:

changes in the process of privatization the organizational form of the enterprises which stay in the state property;

executes the powers of the owner of state property including the corporate rights, in the process of privatization and controls the activity of the enterprises, institutions and organizations which belong to the sphere of its administration;

vends the state property in the process of its privatization;

enters into agreements regarding preparation of the objects for privatization and their sale;

acts on behalf of the state as a founder and member of the enterprises founded on the basis of the unification of the property of different forms of ownership or in case of purchase by the state of the blocks of shares (parts, shares) from the other owners.

in the sphere of administration of the corporate rights of the state:

 executes administration of the corporate rights of the state which are in the sphere of its administration;

executes restructuring of the economic societies, in the statutory capitals where the corporate rights of the state exceed 50% and which belong to the sphere of its administration;

approves amicable agreements, sanitation plans and lists of liquidation masses and changes and additions to them in the cases regarding bankruptcy of the economic societies with corporate rights of the state more than 50% of their statutory capital which are in the process of privatization;

participates in the proceeding regarding bankruptcy of the economic entities with corporate rights of the state.

in the sphere of the state property rent:

acts as lessor of integral (unique) property complexes of the enterprises, their structural departments and real estate as well as the property which is not included into the statutory capital of economic entities in the process of privatization (corporatization) which are in the state ownership.

in the sphere of the property evaluation, property rights and professional evaluation activity:

 organizes professional preparation of the evaluators, approves the requirements to the executive staff of the subjects of evaluation activity and evaluators who form their part;

approves the content and order of the work of examination commissions on professional preparation, organizes their works, confirms the education plans and exam plans;

favors the development of the social regulation of the property evaluation, property rights and professional evaluation activity.
inthesphere of disposal of the land plots of state ownership:

executes the powers of the owner of the land plots of state ownership, where the objects are located which are subject to privatization;

takes decisions on introduction of the land plots of state ownership, where the objects are located, which are subject to privatization, to the statutory capital of the economic societies.

Provides in accordance with the Law of Ukraine “About administration of the objects of state property” the formation and maintenance of the Unified register of the objects of state property and acts as its manager.

Legal basis

The State Property Fund of Ukraine is a central body of the executive power with the special status, which realizes the state politics in the sphere of privatization, rent, application and alienation of the state property, administration of the objects of state power including the corporate rights of the state regarding the state regulation of the property evaluation, property rights and professional evaluation activity.

The State Property Fund of Ukraine in its activity is guided by the Constitutions of Ukraine, the Law of Ukraine “About the State Property Fund of Ukraine” and other law of Ukraine, decrees of the President of Ukraine, the Verkhovna Rada of Ukraine and the Cabinet of Ministers of Ukraine, other acts of legislation of Ukraine, orders of the President of Ukraine and Prime Minister of Ukraine.


During its history, the State Property Fund of Ukraine was headed as follows:

from 12 September 2017                 Vitalii Mykolayovych Тrubarov

from 18 April to September 2017

 Dmytro Mykolayovych Parfenenko;

from 25 May 2015 to April 2017

 Igor Olegovych Bilous;

from June 2014 to May 2015

  Dmytro Mykolayovych Parfenenko;

from April 2010 to June 2014

Oleksandr Volodymyrovych Riabchenko;

from December 2008 to March 2010

Dmytro Mykolayovych Parfenenko;

from April 2005 to December 2008

Valentyna Petrivna Semeniuk– Samsonenko;

from April 2003 to April 2005

Mykhailo Vasyliovych Chechetov;

from October 1998 to April  2003

Oleksandr Mykolayovych Bondar;

from March 1997 to April 1998

Volodymyr Tymofiyovych Lanoviy;

From August 1994to February 1997

Yuriy Ivanovych Ehanurov;

From July 1991 to July 1994

Volodymyr Volodymyrovych Priadko.