The Cabinet of Ministers of Ukraine approved the joining of Electrotyazhmash Plant JSC to Turboatom JSC. The corresponding order on the approval of the reorganization of August 26 was published on Monday on the Government portal.
"In accordance with paragraph 22 of the second part of Article 5 of the Law of Ukraine" On Management of State Property Objects "to agree with the proposal of the State Property Fund regarding the reorganization of the Joint Stock Company" Plant "Electrotyazhmash" after the completion of the transformation of the state enterprise "Plant" Electrotyazhmash "in the process of privatization by joining the Turboatom Joint Stock Company. The State Property Fund to carry out a set of measures and procedures related to the merger of the Electrotyazhmash Plant Joint Stock Company with the Turboatom Joint Stock Company in accordance with the requirements of the legislation, ”the text of the order says.
Recall that the State Property Fund (SPF) of Ukraine at the end of July initiated an extraordinary meeting of shareholders of Turboatom JSC, which brought up the issue of joining the plant Electrotyazhmash. After the reorganization, the name of JSC "Turboatom" is supposed to be replaced by JSC "Ukrainian Power Machines".
A few days ago "Electrotyazhmash" changed the form of ownership from a state enterprise to a joint stock company.
Plant "Electrotyazhmash" specializes in the production of hydrogenerators, turbine generators for thermal power plants and nuclear power plants, electric motors for drives of rolling mills, mine hoists, traction electrical equipment for railway and urban transport.
JSC "Turboatom" is one of the largest enterprises in the world for the design and production of steam turbines for thermal power plants (TPP), combined heat and power plants (CHP), nuclear power plants (NPP), as well as hydraulic turbines for hydroelectric power plants (HPP) and other power equipment .
