Almost 1,000 objects will be transferred to private ownership in Ukraine next year.

As the head of the State Property Fund (SPFU), Vitaliy Koval, clarified, all of these objects will be sold through privatization auctions.

“State assets generate losses, and the number of state-owned enterprises does not justify the direction of liberalization and market economy that Ukraine has chosen,” he said.

According to the head of the Fund, small and medium-sized businesses should be at the center of the “denationalization” process. Therefore, he called on businesses to cooperate in finding objects suitable for privatization.

According to the SPFU, large-scale privatization should resume next year.To that end, it is planned to sell the Odesa Port Plant, Centrenergo, United Mining and Chemical Company, Ukrainian Energy Machines, Electrovajmash, Sumykhimprom, and many others.

However, some properties offered for sale did not find buyers. Hannopil Distillery was not auctioned due to a lack of interested investors. A similar fate befell the single property complex of state-owned enterprise Niginsky Quarry.