EconomyReal Estate

Addressing the aftertaste of corrupt privatizations of the 1990s

Wednesday, March 31, 2021

, Sennychenko wrote: “The speculation that someone wants to buy up state property cheaply will not work! Absolutely transparent privatization auctions with offers for any wallet demonstrate only a fair price of the asset. If earlier the term ‘privatization’ had mostly negative connotations, now auctions, where more than 20 participants are stubbornly competing for victory, is a common practice.”

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The Rada passed a bill yesterday to resume privatization of large state owned corporations – one year after sales were suspended due to the coronavirus pandemic.

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