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Ukrainian publishers stand strong despite enormous financial losses from Russian attacks

The moment Svitlana Paveletska, co-founder of Knyholav, received the news that the mass attack on July 19 had wiped out her publishing house's warehouse in Kyiv, she felt an overwhelming wave of grief that was difficult to put into words. "Every book represents months, and sometimes years, of work by our entire publishing team, including the author, translator, editor, proofreader, designer, and printer," Paveletska told the Kyiv Independent. Books are not military targets, but according to th

Burned Ukrainian books at the site of a Russian missile attack on a publishing factory in Kharkiv, Ukraine on May 23, 2024.

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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