The Ukrainian government has nationalized billion-dollar assets belonging to Russian oligarchs, with more to come.

According to the State Bureau of Investigations, individuals close to Putin are among the owners of these assets. Among them are Arkady and Ihor Rotenberg, Oleg Deripaska, and Yevhen Giner. Thus, the following assets became the property of the state: the Glukhiv Quarry of Quartzites and Mykolaiv Alumina Plant, estimated at UAH 10B; the Ocean Plaza shopping center worth $350M; and 88.89% of the shares of First Investment Bank.

Various Russian assets in different industries were also nationalized. In particular, these include 100% of Avangard-Vilarty and 66.65% of Investment Union Lybid. Structures controlled by Deripaska also participated in the expansion and reconstruction of the Dnipro-Bug seaport.

The next step is the nationalization of Rivneoblenergo (93.2%), Khersonoblenergo (99.9%), Chernivtsioblenergo (96.8%), Zhytomyroblenergo (95 .5%), Kirovogradoblenergo (72.9%), seven hotels and two shopping malls, with a total value of UAH 2B.