Courts, arrests, blocking. What happens to the sold large-scale privatization objects

"Ukraine as a state needs to get rid of non-core assets. That is why I support large-scale privatization," the then newly elected President of Ukraine Volodymyr Zelenskyy said to

in 2019. His plan was to sell off the largest state-owned enterprises that were generating losses. In particular, Centrenergo, the United Mining and Chemical Company, the Bolshevik plant, the Odesa Port Plant, and the Sumykhimprom association were to go under the hammer.

The highlight of the new privatization was supposed to be auctions in the open electronic system Prozorro.Sale. During these auctions, every Ukrainian could watch the privatization process live and see that everything was happening fairly. However, over these six years, only five objects have been sold as part of large-scale privatization (two of them were nationalized assets). But even they are not all right. Some of the assets have been arrested, the results of one tender were canceled, and the previous owners are trying to return another one.

LIGA.net has figured out what is happening with the objects of "large-scale privatization" and whether the new owners are really managing state property better than the state.