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Ukraine's Struggle To Make State-Owned Enterprises Profitable Again

Ukraine's Struggle To Make State-Owned Enterprises Profitable Again

A recently bankrupted Zaporizhia electric locomotive repair plant in Southern Ukraine is one example of a potentially attractive enterprise for privatization.

A recently bankrupted Zaporizhia electric locomotive repair plant in Southern Ukraine is one example of a potentially attractive enterprise for privatization.

How are state-owned enterprises transformed in Ukraine into profitable ones? How are managers who are selected competitively more effective then elected general directors? Is privatization one way to reduce corruption in the public sector? Hromadske reports.