Strategically important enterprises owned by Ukrainian oligarchs have become the property of the state.
The National Commission for Securities passed a decision on the forced alienation of the shares of Ukrnafta, Ukrtatnafta, Motor Sich, AvtoKrAZ, and Zaporizhtransformator into state ownership. Kolomoisky’s companies own about 42% of shares in Ukrnafta. The Dnipropetrovsk oligarch and his partner Gennady Bogolyubov own approximately 60% of Ukrtatnafta. Motor Sich was owned by Vyacheslav Boguslaev, who, in 2017, sold 56% of the company’s shares to a Chinese holding. AvtoKrAZ is part of the Finance and Credit group belonging to the