Privatization: News

News Feed

Ukraine reportedly strikes Russian energy equipment plant in Belgorod

Photos and videos posted to social media purport to show flames emanating from the Energomash Belgorod plant — a key manufacturer in Russia's energy supply chain. The plant reportedly produces equipment for Russia's power plants, as well as its oil and gas sector, among other materials.

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.

Read more

News Feed