Finance

Of Ukraine’s 3,343 state owned companies, only 28% made a profit last year,

Wednesday, July 28, 2021

according to research conducted by Ukrainska Pravda, (Economy Ministry data). Last year, only 43% of Ukraine’s state companies – 1,458 – were functioning. Ukraine’s state companies lost almost $2 billion last year. The biggest loss – almost $700 million – was at Naftogaz. The total valuation of the state companies is $62 billion.

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The Finance Ministry auctioned the equivalent of $116 million in hryvnia and dollar bonds yesterday, less the half the amount sold in the previous week,

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