Privatization: News

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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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This is a developing story and is being updated. President Volodymyr Zelensky's dismissal of Mykhailo Fedorov as defense minister has drawn a wave of criticism from soldiers, veterans, and civil society figures, who argue Ukraine is losing one of its most effective wartime officials without an adequate explanation. Dmytro Koziatynskyi, a war veteran who was a leading organizer of last summer's mass protests against a law curbing the independence of Ukraine's anti-corruption agencies, called fo

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