Against the background of recent events, the issue of nationalization of enterprises in Ukraine is currently discussed with enviable activity. Even those citizens for whom this issue is not a subject of personal interest, were involved in some sort of discourse on the advantages and disadvantages of this process. What is the sense of nationalization, and whether is it an effective tool to combat the crisis tendencies in the economy? Editorial office of the analytical business – Publishing LDaily offers its point of view.
Let’s start from the statistics. The total amount of the sold assets for 25 years in Ukraine is about $ 10.9 billion. At the same time, revenues from privatization of state property, as a rule, do not reach the annual targets for the nationalization implementation. Thus, Privatbank cost the Ukrainian state $ 4.4 billion. And it is only one of the companies that has moved to the state in the course of this year.
In the history of Ukraine’s independence, including the most successful privatizations of formerly nationalized companies – sale of Kryvorizhstal ($ 4.6 billion) and the company Ukrtelecom ($ 1.3 billion ).
It is also worth noting that the Ukrainian practice of nationalization, is mainly focused on the domestic market and the CIS countries. According to statistics, the interest of Western investors in Ukraine is very low.
It is interesting that, despite the public statements by the policy and individual analysts, indicators of the annual plan for the privatization still fall in Ukraine. At that time the nationalization costs are not reduced.
Company Continues Strategic Expansion Adding New Service Capabilities, Talent, and Broadening Nearshore Footprint SAN JOSE, Calif.—January 5, 2023— GlobalLogic Inc., a Hitachi Group Company and Digital Engineering Leader, today announced the acquisition of Hexacta, a Pan-Latin-America digital and data engineering company. The acquisition is part of GlobalLogic’s continued strategy to expand its offerings, and its […]
Last year, the global medical device market reached $532.62 billion, according to Mordor Intelligence. Ukrainian engineers are involved in the projects of key players, which occupy almost 10% of the market. This share can be estimated at 50 billion US dollars*. Domestic specialists create more than a hundred software solutions of various levels. These include […]
Новий власник Twitter Ілон Маск доручив інженерам попрацювати над перезавантаженням Vine, яке може бути готове до кінця нинішнього року. Про це повідомляє Axios. Зазначається, що інженерам компанії необхідно вивчити стару кодову базу відеосервісу, яка не змінювалася та не оновлювалася з моменту закриття, а саме з 2016 року, коли з’ясувалося, що майданчик не витримує конкуренції. Втім, одне з […]
Credit Agricole has been ranked first in the social responsibility rating of the banking sector, created by Standard-Rating based on the 2022 half-year results. The rating agency commended the bank’s contribution to the economy of Ukraine. The bank has paid UAH 100 million in taxes in advance, while issuing UAH 1.2 billion in loans under […]
From October 1, drivers must turn on the dipped headlights of the car outside the city. This helps to additionally mark the vehicle in conditions of low visibility within the autumn-winter period. GlobalLogic reminds about the importance of compliance with traffic rules and tells about the developments of Ukrainian engineers that affect road safety. In […]
Intellias, a global software engineering and digital consulting company, has announced the completion of its acquisition of Digitally Inspired, a fast growing, UK based peer, focusing on the Retail and eCommerce industry. “I am delighted to welcome the Digitally Inspired team to Intellias. It is symbolic that Intellias’ twentieth anniversary coincided with signing an agreement […]
3×4, a Web3 fundraising platform for non-profits, has been launched in Ukraine to bring innovative crypto & NFT fundraising to the rising number of social impact causes. 3×4 helps non-profit organizations to fundraise utilizing NFTs in collaborations with artists and brands while providing donors utility, revenue and transparency. The idea of 3×4 was born in […]
In order to present existing opportunities and draw attention of the international business community, UkraineInvest organizes an international forum with the participation of leading business representatives and expert environment of Ukraine and the world. The need to rebuild Ukraine creates a variety of attractive investment projects aimed at contributing to shaping a new economy of […]
Apple CEO Tim Cook received more than five million shares in honor of the 10th anniversary of his work at the company. The BBC reports this with reference to the company’s report to the US Securities and Exchange Commission (SEC). It is noted that Cook sold most of these shares for more than $ 750 […]
Next
In September 2020, the Italian company Lamborghini sold 738 cars worldwide. This is a new record for the company, according to its website. At the same time, in the third quarter of 2020, 2,083 Lamborghini cars were sold worldwide. In the spring of this year Lamborghini was forced to close all its plants for two […]
Next
Two scientists from Lviv won the competition of projects of the National Research Fund of Ukraine. They will be provided with funds for developing a vaccine against the corona virus COVID-19, as well as to create a new generation of antibiotics. This was announced on Wednesday, September 9, by the head of the Lviv Regional […]
Next
The Danish Board of Appeal for the Environment and Foodstuffs has revoked the permit issued by the Environmental Protection Agency for the construction of the Baltic Pipe gas pipeline. “On July 12, 2019, the Danish Environmental Protection Authority issued an environmental permit for the construction of the Baltic Pipe. On May 31, 2021, the Environmental […]
Next
According to Interfax-Ukraine, PricewaterhouseCoopers (PwC) has won the tender for carrying out USEP Ukrposhta financial and economic activities audit for 2015-2016 in the amount of 5, 79 million UAH. The press-service of USEP Ukrposhta admitted: “Within corporatisation process in USEP Ukrposhta, it is necessary evaluating a property and own property rights for forming of the […]
Next
The gas storage operator of Ukraine is starting to re-equip five gas turbine engines for Bilche-Volytsko-Uhersky UGS. The project worth more than 80 million hryvnias will be completed by the end of this year, Ukrtransgaz reported on Monday, May 17. It is noted that the modernization will reduce fuel gas consumption during the operation of […]
Next
According to the Business Europe magazine, Dutch companies have expanded the export by 4% to 1.2 billion euros. To compare with 2015, this year foreign companies have exported more products to Ukraine. Particularly, the export concerns the agricultural business. The Dutch party has concluded the contract with the Ukrainian party in the beginning of this […]
Next
In the case of vaccination of 10 million people at risk, Ukraine can receive a loan of $ 30 million from the World Bank, and the total assistance will be $ 90 million, according to the Ministry of Finance. This financial assistance can be provided under the COVID-19 Emergency Response and Vaccination in Ukraine project […]
Next
During a visit to Washington, the head of Naftogaz Yuri Vitrenko commented on searches of the company in the case of non-payment of VAT for 2.7 billion hryvnias for Russian gas. “On the one hand, the State Fiscal Service constantly checks Naftogaz. That is, there is nothing surprising in the fact that there is another […]
Next
MP Douglas Carswell launches Ukip policy calling for greater sensitivity in legal process to avoid breakup of families and forced adoptions Secrecy within the UK’s system of family courts is allowing social workers to “ride roughshod” over ordinary people and resulting in the unnecessary breakup of families and forced adoptions, the Ukip MP Douglas Carswell has warned. […]
Next
Company representatives, who engaged in the design, construction and equipment for solar power plants, note a significant decline in demand for their services. This is due to instability of the industry and growing debts for “green” electricity. “We are talking about 1260 MW of RES generation that has been launched in the first three quarters […]
Next
The defining reason for the depreciation of the hryvnia against the dollar and the euro in the third quarter was the deterioration of business expectations. Deteriorating expectations created increased demand for the currency, which turned out to be higher than supply. This contributed to the devaluation pressure in the foreign exchange market in the III […]
Next
According to the results of last year, Ukrzaliznytsia received a net loss of UAH 11.9 billion against a profit of UAH 2.988 billion a year earlier. This is stated in the company’s financial report. The company states that the financial result was significantly affected by a decrease in revenues from freight and passenger traffic – […]
Next
Naftogaz of Ukraine signed a memorandum with the Polish PGNiG on joint development of fields in the western regions of Ukraine. This was reported by the press service of the NAC on Tuesday, March 30. Naftogaz CEO Otto Waterlander said the company had acquired strategic assets “that enable it to confidently declare the greatest hydrocarbon […]
Next
According to Interfax-Ukraine, State fiscal service members have blocked work of Delta Wilmar CIS entity in Odessa region.Representatives of tax police have blocked entrances on Delta Wilmar CIS LLC which is one of the largest producers of fat-and-oil products in Ukraine. Aleksandr Podprugin, the deputy director of Delta Wilmar CIS LLC, confirmed that tax specialists […]
Next
The Deposit Guarantee Fund of individuals introduced a temporary administration in “Fidobank”. It is reported by the press service of the Fund. The decision was made on the base of the decision of the National Bank of Ukraine (NBU) on May 20 to classify “Fidobank” to the category of the insolvent. Earlier, “Fidobank” reported about […]
Next
