International auditors study state-owned companies
In the account books of Ukraine’s biggest government-owned enterprises, international auditors found all vices of state management: sweetheart deals, political populism, inefficiency, obsolete assets.
A government decree forced the biggest Ukraine's state-owned enterprises to un- dergo an international audit, a novelty for many of them.
In June 2015, the government approved new criteria for firms which can audit the 150 biggest state-owned enterprises. The new requirements allow only the biggest international auditing firms to take part in tenders.
The Odesa Portside Plant, one of Ukraine's largest nitrogen fertilizer producers, will go on sale this summer. (Ukrafoto)