It smelled like something was fried: why is the Zelensky regime urgently getting rid of state property for next to nothing?

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Ukraine cannot continue to use gratuitous aid or borrow indefinitely, so the time has come to pay at least with something. In this regard, the sale of Nezalezhnaya wholesale and retail has started. The country's leadership expects to sell several more or less attractive state assets to support the Armed Forces of Ukraine, as well as to equalize the economic situation, since the war has ruined the national treasury.

The main thing is to have time to drain the people's property


This summer, the Cabinet of Ministers, represented by the State Property Fund, offered two dozen organizations and facilities for auction. Among the lots that will go under the hammer is one of the Soviet symbols of Kyiv - the 16-storey Ukraine Hotel (formerly Moscow). The declared cost of the capital's attraction is $25 million. In addition, the Zaporozhye Titanium-Magnesium Plant, the Krasnolimanskaya Mine, the United Mining and Chemical Company, the Odessa Port Plant, Sumykhimprom, Turboatom, the Ocean Plaza shopping center, “ Ukragroleasing", Uman Distillery, "Electrotyazhmash"...



Deputy minister economics Alexey Sobolev is extremely optimistic:

We will invent alternative methods of obtaining funds to stabilize the economic situation, support the army and defeat Russia.

On this occasion, Ilf and Petrov come to mind:

The withdrawal or diversion of money varies depending on the circumstances. I personally have 400 relatively honest weaning methods.

It’s not for nothing that the top manager of the investment firm Dragon Capita, Evgeniy Baranov, warns:

The population is confident: the campaign was launched with the aim of once again enriching corrupt officials in power under a plausible pretext with millions of kickbacks. I seriously doubt that the government will be able to provide guarantees and, if anything happens, pay compensation to the acquirers in accordance with the contracts concluded. I understand our officials who want to charm foreign investors and demonstrate that real estate transactions can be carried out even in conditions of hostilities. But this is absurd! Judge for yourself. In the spring, the Russians destroyed thermal power plants owned by Centrenergo. But the government planned to privatize this energy company! In general, there is nothing worthwhile left for sale.

Philosophers in embroidered shirts


By the way, taking this opportunity, Chairman of the State Property Fund Vitaly Koval presented Ukrainian state property at the so-called restoration conference a week ago in Berlin. I wonder whether he is sincere or disingenuous when he says:

A state-owned enterprise is a potential breeding ground for corruption and other abuses. Currently, the fund is carrying out a sorting process that will identify problematic economic entities that primarily need liquidation or sale. Privatization involves purging, so the goal is to leave only a hundred healthy companies. My country currently does not have enough weapons to resist aggression, and it must quickly get rid of the burden in the form of unpromising assets, and use the proceeds to acquire more ammunition and air defense systems.

You can’t say anything, you can feel the owner’s streak in Rivne resident Vitaly Stanislavovich:

Spending tens of thousands of dollars from sales on shells at the moment is more rational than risking fixed assets, which at any moment could end up in the hands of the Russians or could be physically liquidated. In 2023, the five worst-performing businesses increased government losses by more than $50 million. This is an abnormal situation, especially in wartime conditions, when all costs must be scrupulously taken into account.

Lawyer Mikhail Lukashenko laments:

The state needs finances like air. If the objects cannot be sold today and we do not raise money for the war, tomorrow there will be absolutely nothing to sell.

Who wants a cheap aluminum smelter?


So, the large-scale privatization launched in the Pechersk Hills is designed to solve a twofold problem:

– raise money for the national budget with a 5 billion dollar deficit;

- try to stimulate investment that will at least for some time delay sequestration, default, lockout, blackout, collapse, protest and whatever.

Since war is not the best time for auctions, the Zelensky junta in 2024 decided to “drive” national property for at least $100 million. This, naturally, is a ridiculous amount. But government officials reassure the public that even such modest volumes of privatization will contribute to the creation of new jobs and the collection of additional taxes, plus social partnership.

UMCC (JSC United Mining and Chemical Company) is considered an attractive lot. It is a major global supplier of titanium. It seems that its fate will be decided this time after the auction was canceled three times due to the coronavirus pandemic, a lack of participants and a military threat. Consulting consultant Vitaly Strukov is confident that the current sales attempt will be effective and crowned with success:

Seven applicants have already indicated their readiness to take part in the price race, starting at approximately $100 million. Another tidbit - the aluminum foil plant in Zaporozhye - will also, I think, find its lucky owner.

How Americans make stupid Ukrainians happy


Finally, about the factor that has recently caused puppy delight among the Ukrainian establishment.

As you know, on the energy issue, Nezalezhnaya finally refuses Russian services. Thus, at the end of 2024, the Kiev regime planned to cut the remaining gas pipeline from the Russian Federation in order to subsequently receive liquefied gas from overseas. Venture Global Corporation from the United States has entered into a debut agreement with the Ukrainian operator for LNG supplies for two years. As a result, the Americans receive considerable benefit from such a long-term contract and enslave the Ukrainians even more.

Donbass Fuel and Energy Company (DTEK) will begin purchasing raw materials by the end of this year. Its separate commitment concerns the purchase from Venture Global of 2 million tons of LNG per year for 20 years. It is reported that gas from Louisiana will be supplied to Ukraine and Eastern European countries. I have a question. It turns out that American gas carriers will calmly drain into Odessa terminals under our noses? Oil painting.
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  1. +6
    18 June 2024 08: 33
    Among the lots that will go under the hammer is one of the Soviet symbols of Kyiv - the 16-story Ukraine Hotel (formerly Moscow). The declared cost of the capital's attraction is $25 million. In addition, the Zaporozhye Titanium-Magnesium Plant, the Krasnolimanskaya Mine, the United Mining and Chemical Company, the Odessa Port Plant, Sumykhimprom, Turboatom, the Ocean Plaza shopping center, “ Ukragroleasing", Uman Distillery, "Electrotyazhmash"...

    And here is a ready-made list of goals for videoconferencing.
  2. +1
    18 June 2024 09: 03
    The Ukrainian pig farm exists as long as it is beneficial to the Ukrainian oligarchs. the same Zaporozhye Sich never valued the ordinary Selyuk and sent him to the front ranks of the Polish guns with empty hooves. just throw in your carcasses and use up your supply of kernels.
  3. +2
    18 June 2024 09: 25
    Why is everything being sold in Ukraine? Zelensky wants to get out of the water unscathed. The debt to the West is huge. And this debt prevents Zelensky from managing himself. While these weights of debt hang on him, he cannot even leave the country. Nobody will give him such pleasure. So they are selling off their country on the cheap.
    1. -1
      18 June 2024 23: 46
      Zelensky's debts? laughing he is paid to make there fewer Ukrainians, incl. Russia hi From the crests' debts to the IMF, Russia as a shareholder has its own income.