According to Ukraine, it wants to take control of several “strategically important” companies. The assets of strategically important energy and manufacturing companies must be expropriated and made state-owned, Security Council Secretary of Ukraine Oleksiy Danilov told a news conference today. This should ensure enough supplies for the military to prevent Russian invasion.
They are said to be oil and gas company Ukrnafta, aircraft maker Motor Sich, reactor maker Zaporozhtransformator, truck maker Avtokras and oil refinery company Ukrtatnafta.
Administration by the Department of Defense
In the future, its assets will be managed by the Defense Ministry “to guarantee the urgent needs of the armed forces”, Defense Minister Oleksiy Resnikov said. This included the supply of fuel and lubricants and the repair of military equipment and weapons.
Ukraine’s Prime Minister Denys Shmyhal said the companies produce “essential products for the needs of defense and armed forces, as well as for the energy sector”. “These companies have to work 24 hours a day for the defense needs of the state.” After martial law is lifted, Danilov said assets can be returned to their owners or their value refunded.