Ukraine’s president Volodymyr Zelenskyy on Monday said Kyiv had transferred five strategic enterprises to state control from previous oligarch ownership as part of the country’s wartime effort.
The Ukrainian government seized ownership of top national oil producer Ukrnafta and Ukrntatnafta, the country’s largest refinery that halted operations after being hit by Russian missile strikes in the first months of Moscow’s full-scale invasion Ukraine.
Both companies were controlled by Igor Kolomoisky, an oligarch who backed Zelenskyy’s presidential bid in 2019 and who is now facing probes into the insolvency of PrivatBank, another of his previous businesses.
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