Ukraine to sell all but 300 state-owned enterprises: PM


  • World
  • Thursday, 13 Aug 2020

KIEV, Aug. 12 (Xinhua) -- Only 300 of the more than 3,000 state-owned enterprises are to remain in state management, while others will be subject to privatization, Ukraine's Prime Minister Denys Shmyhal said on Wednesday.

"There are more than 3,000 state-owned enterprises in Ukraine, and not a single Ukrainian government has been able to effectively manage such a large number of enterprises... That is why we are now in the final stages of drafting a bill that will determine the list of facilities to remain under state control. Our strategy is to leave about three hundred companies," said Shmyhal during a government meeting on Wednesday.

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