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Privatization: News

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20th-century military leader Yevhen Konovalets reburied in Kyiv

"Along with him, Ukraine has brought back a part of itself: its memory, its Ukrainian experience, and our national history — the history of all those who, at different times, lived and fought for Ukraine, for our independence, and for our sovereign state," President Volodymyr Zelensky said.

About Privatization

Ukraine's privatization program aims to transfer state-owned enterprises to private ownership to improve the economy's competitiveness. Ukraine’s State Property Fund manages auctions for state assets ranging from small businesses to large industrial facilities, with proceeds designated for defense and reconstruction needs. Ukraine suspended privatization of strategic enterprises in March 2022 following Russia's full-scale invasion, but resumed limited sales of non-critical assets in 2023.

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