National Investment Council: 94% of state assets belong to 46 state-run companies

"There are over 3,500 state-run companies in Ukraine. Every third of them has long been virtually bankrupt. They exist only on paper and can only be liquidated. Some 94% of the state assets belong to 46 state-run companies. Only 60 state companies have assets worth more than UAH 250 million [US$9.5 million each]. The rest of the state-owned companies are small businesses whose core asset is real estate," the report says.

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As UNIAN reported earlier, Ukraine's Top 100 state-owned companies posted UAH 26.4 billion ($1 billion) in net profit in 2016, while the net profit of all state companies in 2016 was UAH 39.6 billion ($1.5 billion).