Privatisation of state-owned enterprises allows not only to receive one-off proceeds from the sale, but also to attract investment in the development of these enterprises. Thus, for every hryvnia received from privatisation, UAH 4 is invested in the economy. This was stated by Deputy Minister of Economy of Ukraine Oleksii Sobolev in a commentary for the LIGA.net project.

"We are working on reforms aimed at economic stability and budget revenues. One of them is the reform of state property management, which includes privatisation. Economic growth is the main goal of privatisation. A new owner comes to an abandoned production facility and invests resources in its renovation. This is money for the development of the facility and the creation of jobs," said Oleksii Sobolev.

The Deputy Minister of Economy added that, in addition to paying for the asset, the new owner pays off debts that may be owed by enterprises that have been shut down for years. For example, he/she pays wage or loan arrears.

According to Oleksii Sobolev, privatisation is both important and necessary in times of war. It allows businesses to make money by selling non-strategic assets rather than spending resources on their preservation, and it also enables them to relocate and maintain production.

The money from the privatisation of state-owned enterprises goes to the budget. The state gets rid of its uncharacteristic function of managing enterprises in competitive markets. While businesses get opportunities for development and growth.