On December 5, during a staff meeting at the Volyn Regional State Administration, the head of the regional office of the State Property Fund of Ukraine in the region, Ivan Ustyanchuk, regarding dormitories that belonged to Volyn enterprises, emphasized that from the privatization of 181 objects and the lease of 32 objects of the housing fund and social infrastructure objects of the region that were not included in the statutory funds of enterprises, 3 million 546 thousand hryvnias were received. This was reported by the own correspondent of the Western Information Corporation.
On the balance sheets of business companies of Volyn during the privatization process, there were 1,913 state-owned objects, of which management decisions were made by the regional office of the State Property Fund of Ukraine in the Volyn region on 1,482 objects.
Ivan Ustyanchuk reported that part of the housing fund and social infrastructure objects of the region during privatization was concealed by local authorities.
In addition, according to him, the state is the most inefficient owner, since state packages in joint-stock companies are not provided with appropriate finances. He warned that some of the Volyn enterprises in which the share of state packages reaches 27% may be declared bankrupt.