The State Property Fund received another 1,500 enterprises under management

These enterprises were transferred to the Fund from the end of 2022. A total of 2,400 enterprises should be transferred to the institution.

The Fund plans to liquidate a significant part of them (over 1,000). This applies to enterprises that are economically inactive and are in a neglected state. The debts of such enterprises (in particular, unpaid wages to employees) are not only not repaid, but also accumulate. The sale will allow these debts to be paid off.

The rest of the enterprises will be sold at auctions and they will receive new efficient private owners.

Privatization is a way to overcome corruption and inefficient use of taxpayer funds. Thanks to private owners, unprofitable or inactive enterprises will resume their work, attract new employees and contribute to the recovery of Ukraine’s economy and victory over the aggressor.