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submitted 1 year ago* (last edited 1 year ago) by ksynwa@lemmygrad.ml to c/latestagecapitalism@lemmygrad.ml

Potential buyers, both ordinary citizens and enterprises, can initiate the inclusion of objects in the privatization list. If you see an abandoned building or a non-working workshop that can help in the development of your business or will be useful to your community – apply for the inclusion of a public property in the list of objects to be privatized and buy them at transparent auctions.

All objects are sold exclusively through government’s electronic trading system ProZorro.Sale, which is built on the principles of full transparency – the entire sale process takes place publicly and openly to avoid corruption.

Some entities already listed for privatisation on https://privatization.gov.ua/product-category/velyka-pryvatyzatsiya/ (using Google Translate):

  • JSC "United Mining and Chemical Company"
  • SE "Krasnolymanska Coal Company"
  • SE "Aluminium Foil Factory"
  • JSC "Ukrainian Energy Machines"
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[-] ksynwa@lemmygrad.ml 35 points 1 year ago* (last edited 1 year ago)

to fund the war

No. Privatization is never done to raise funds. In all likelihood, these assets will be sold for dirt cheap. I don't know what their end game is here. If you look at the precedents of East Germany and Soviet countries then privatization was done to deindustrialise them and destroy their economy. Maybe they will do the same here.

this post was submitted on 27 Jul 2023
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