Privatization: News

News Feed

Ukraine war latest: Russian guided bomb attack on Sumy kills 5, including child, injures 43

Key developments on July 11-12: * Russian guided bomb attack on Sumy kills 5, including child, injures 43 * 'Expressly prohibited' — Ukraine's largest defense firm illegally stored weapons near civilian targets in Vyshneve, Zelensky says * Ukraine says it eliminated 14 more Russian shadow fleet vessels overnight * Ukraine PM's resignation stuns lawmakers as potential successors emerge Russian forces struck civilian infrastructure in the northeastern city of Sumy with three guided aerial bo

Zelensky urges energy sector to speed up winter preparedness

During a meeting with Energy Minister Denys Shmyhal on July 12, President Volodymyr Zelensky stressed the need to take additional "more decisive" steps to protect Ukraine's energy infrastructure and emphasized the importance of robust winter preparedness plans for communities and regions.

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