The government has announced the privatization of five large companies but wants to maintain control of strategic assets. The State Property Fund (SPFU) has already sold assets worth ₴4.5B within the framework of small privatization this year. Next year, it is planned to privatize five large objects, Prime Minister Denys... #DenysShmyhal #OleksandrFedoryshyn #PrivatizationUkraine #StatePropertyFund #UkraineStateCompanies
State-owned enterprises amassed losses of UAH 50 bln ($1.9 bln) This announcement was made by Vasyl Khmelnytsky on LinkedIn. Citing the main problem of state enterprises in Ukraine is the lack of incentives for development. “Compared to private businesses, state e... #privatization #UkraineStateCompanies #VasylKhmelnytsky
Of Ukraine’s 3,343 state owned companies, only 28% made a profit last year, 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 bill... #StatecompaniesFinances #StateCompaniesprofits #UkraineStateCompanies
