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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Ukraine's siege of Crimea has been a long time coming. Crimea is under an effective siege as Ukraine has been systematically isolating the occupied peninsula with a multipronged campaign of drone strikes. "Hell is beginning," Ukrainian Defense Minister Mykhailo Fedorov said in a June 17 interview. "Logistics are being cut off. Crimea is being isolated." Ukraine plans to fully isolate the peninsula, cutting it off from Russian supply while destroying critical infrastructure — ultimately allowi

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