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Yushchenko: Kryvorizhstal success will quicken pace of privatization
Journal Staff Report

KIEV, Oct. 24 – Ukraine, encouraged by the successful privatization of steel giant Kryvorizhstal, will sell more state assets to foreign investors to speed up restructuring of the economy, President Viktor Yushchenko said Monday.

“The Ukrainian government is confident that only a private owner can be an effective manager,” Yushchenko told Lakshmi Mittal, the owner of Mittal Steel, the world’s largest steelmaker. “All big Western companies are in private ownership.”




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