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Ukraine's president suspends formation of Ukratomprom

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KIEV, August 13 (RIA Novosti) - Ukrainian President Viktor Yushchenko suspended Monday the cabinet's decree to create state-run atomic-industrial concern Ukratomprom.

On December 26, 2006 Ukraine's Cabinet of Ministers issued a resolution to set up Ukratomprom by merging the national atomic energy enterprise Energoatom with nuclear fuel cycle enterprises into an integrated concern.

President Yushchenko said in his Monday decree that the formation of Ukratomprom could lead to the private acquisition of property, which is prohibited from privatization.

In addition to Energoatom the mooted concern was also set to include state enterprises "Vostochny GOK" (Eastern Mining and Concentration Complex), "Pridneprovsky Metallurgical Plant", "Polimin", "Smoly" (Resins), "Zirconium", as well as units of National Scientific Research Center "Kharkov Physical-Technological Institute" (KPTI).

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