state-owned

Government orders full audit of key state companies

In the wake of a corruption scandal at Ukraine’s nuclear energy operator Energoatom, the Cabinet of Ministers has ordered comprehensive audits of state-owned enterprises, PM Yulia Svyrydenko announced on Nov. 13.

13 November 2025, 10:42 PM

Regulator clears way to privatize Sense Bank, Ukrgasbank

Ukraine’s Financial Stability Council has ruled that selling state-owned Sense Bank and Ukrgasbank would not undermine the stability of the country’s banking system, the National Bank of Ukraine (NBU) announced on Aug. 20.

20 August 2025, 09:37 PM

Russia seizes U.S. company assets

The Moscow Arbitration Court has confiscated Glavprodukt, Russia’s largest canned food producer, from its U.S. owner in favor of the Russian state, independent Russian outlet The Moscow Times reported on July 14.

14 July 2025, 09:53 PM

State firms dominate Ukraine’s top earners list

About 408,000 Ukrainian companies filed financial reports for 2024, with nine exceeding 100 billion hryvnias ($2.4 billion) in net revenue, per YouControl’s ranking of Ukraine’s top 10 firms by sales (though not all turned a profit), the company reported on Facebook on March 7.

8 March 2025, 01:48 PM

Number of state-owned companies in Ukraine to decrease 30-fold — Svyrydenko

Ukraine’s Cabinet of Ministers plans to cut the number of state-owned companies from over 3,000 to around 100, as part of the state ownership policy, First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko said in a column for Interfax-Ukraine on Dec. 9.

9 December 2024, 05:50 PM

New supervisory board announced for national energy trading firm

Ukraine's Cabinet of Ministers have selected a new slate of supervisory board members for national energy trading firm Energy Company of Ukraine (ECU), the State Property Fund announced on Facebook on Sept. 2.

3 September 2024, 11:14 AM

Ukraine's largest oil producer starts key drilling projects

Ukrnafta, Ukraine's leading oil producer, has commenced construction of two new oil wells projected to yield over 100 tons of oil daily, the company's press service announced on July 1.

1 July 2024, 02:51 PM

Naftogaz, Ukraine’s state-owned oil company, reports $247 million profit in quarter

In the first quarter of 2024, Naftogaz Group reported a net profit of UAH 10.9 billion ($270 million), a significant turnaround from a net loss of UAH 1.4 billion ($34.6 billion) in the same period of 2023, the company announced on June 28.

28 June 2024, 10:31 PM

Court upholds state seizure of Boguslayev’s assets

The Appeals Chamber of Ukraine’s High Anti-Corruption Court upheld a previous ruling to seize the assets of former head of aerospace enterprise Motor Sich, Vyacheslav Boguslayev, transferring them to the state.

25 June 2024, 09:03 PM

Russian industry delivers new Su-34 fighter jets to army

Russian state corporation Rostec announced that it has delivered another batch of Su-34 fighter-bombers to the Russian Ministry of Defense, which were transferred to the troops after final testings, Rostec reported on June 17.

17 June 2024, 04:30 PM

Former Ukrinform head sends blacklists to editorial board, staff refuses to use them

Former head of the state news agency Ukrinform, Oleksiy Matsuka, sent the editorial board “blacklists” with unwanted speakers, but the staff refused to use them, NV's sister publication Ukrainska Pravda reported on May 29.

29 May 2024, 03:35 PM

Military spokesperson heads Ukraine’s state news agency

Col. Serhiy Cherevaty, Deputy Commander for Strategic Communications of the Eastern Group of the Armed Forces of Ukraine, has been appointed as the new Director General of state news agency Ukrinform, Ukraine’s Culture Ministry announced on May 24.

24 May 2024, 09:47 PM

State-owned Ukrtatnafta to get an independent oversight board

Ukraine’s state-owned enterprise Naftogaz and the Defense Ministry, the sole shareholders of oil refining company Ukrtatnafta, have decided to establish an independent oversight board to manage the business, Naftogaz announced on May 21.

22 May 2024, 01:36 AM

Ukraine’s intelligence and BO Team group report series of cyber-attacks on Russian state and private companies

A series of cyber-attacks on Russian companies were carried out by Ukraine’s Main Intelligence Directorate (HUR) and the BO Team group activists between March 11 and 18, the HUR reported on Telegram on March 19.

19 March 2024, 03:08 PM

The Ministry of Finance explained how state-owned companies saved Ukraine's budget in February

Dividends and corporate income tax from state-owned companies accounted for one-third of state budget revenues in February, said the press service of the Ministry of Finance on March 5.

6 March 2024, 11:50 AM

state-owned