Taras Kozak, founder and president of Univer Investment Group, has called for the government to prioritize resolving disputes with minority shareholders of nationalized companies before implementing privatization through initial public offerings (IPOs). This assertion comes amidst the state’s broader strategy to stimulate the capital market and advance economic reforms.
Kozak’s remarks underscore the need for transparency and accountability in the privatization process, emphasizing that financial institutions must safeguard investor interests. His statement has sparked discussions among market analysts and investors about the potential impact of such measures on the capital market’s development. The investment group’s position reflects a broader concern that the current approach to privatization may not adequately address the rights and protections of minority shareholders.
As the government moves forward with its privatization plans, the call for settlements prior to IPOs highlights the importance of maintaining investor confidence and ensuring fair practices in the financial sector. The market is now closely watching for any developments that could shape the regulatory and operational framework surrounding these initiatives.