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Privatization: News

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Ukraine war latest: Russia strikes civilian vessels in Black Sea off Bulgaria's coast

Key developments on Oct. 6: * Drones strike merchant vessels in Black Sea off Bulgaria and Ukraine, killing at least one * Russian losses to Ukrainian drones surge in early October, Madyar says * Despite intensified Russian attacks, 62% of Ukrainians ready to endure war as long as needed, poll finds * Shadow fleet tanker reportedly ablaze near Russian port city Sochi * Klitschko's promise of 50 mobile shelters for Kyiv set to fall far short * Poland to deploy Patriots near Ukrainian borde

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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