The National Anti-corruption Bureau of Ukraine (NABU) is currently investigating 49 corruption cases at state-owned enterprises (SOEs), which involves UAH 20 billion, or US$745 million, according to the Economic Development and Trade Ministry's Twitter account, referring to Deputy Minister Maksym Nefyodov.
The public sector accounted for 11.1% of Ukraine's economy in 2016, while in the first quarter of 2017 (Q1 2017) its share was at 16.3%, according to the website of the Ministry of Economic Development and Trade.
Ukrainian Prime Minister Volodymyr Groysman has said Ukrainian state companies do not purchase coal produced in the Russian Federation.
Ukraine's Minister of Economic Development and Trade Stepan Kubiv says the Nomination Committee, which will include eight envoys of the expert community and international financial organizations, will be electing the heads of state-run companies by secret ballot of nine ministers (previously, there was an open vote by five ministers) starting September 2017, according to the ministry's post on Facebook.
The profit of Ukraine's TOP-100 state-owned companies increased 20 times in January-September 2016 year-over-year (y-o-y), to UAH 40 billion, or US$1.5 billion, according to the Economic Development and Trade Ministry's press service.