Largest state-owned enterprises receive UAH 25 bln in net profit in 2018

In 2018, 100 largest Ukrainian state-owned enterprises received the net profit totaling UAH 25 billion.

First Vice Prime Minister, Minister for Economic Development and Trade Stepan Kubiv stated this during the presentation of a new portal of online analytics of state-owned enterprises, an Ukrinform correspondent reported.

"In 2018, 100 largest state-owned enterprises received the net profit totaling UAH 25 billion,” said Kubiv.

At the same time, he stressed that the profit of the largest state-owned enterprises in the engineering industry is just over UAH 600 million, which is the result of inefficiency and corruption.

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