Fewer Records, More Realism: The Results of Ukrainian Privatization in 2025

When we assess the results of privatization in 2025, it's important to look at them without illusions and without emotion. Compared to 2024, one thing is clear: the pace of budget revenue generation has noticeably slowed. Total proceeds from small and large-scale privatization in 2025 amounted to UAH 4.8 billion, whereas in 2024 the state received UAH 12.65 billion.
But on its own, this figure doesn't indicate failure — it more likely reflects a shift in the stage that the state asset market currently finds itself in.

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