What happened? The decision of the Ukrainian state authorities to transfer Ukrnafta shares to state ownership was reasoned by the fact that the company did not want to supply petroleum products for the needs of the Armed Forces of Ukraine.
Source. Rostyslav Shurma, the Deputy Head of the Office of the President of Ukraine in Davos, Interfax-Ukraine quotes.
Details. "Private property in Ukraine is inviolable. We should not allow any speculation. The only reason why martial law was applied to certain companies is the huge risk to national security," he said.
Mr. Shurma stated that Ukrnafta had refused to supply oil products to the Ukrainian army, which had led to the seizure of its shares.
He added that the seizure of Motor Sich shares had been associated with the fact that the company had supplied aircraft engines to the occupying country of russia, and operation of AvtoKrAZ company had been suspended against the backdrop of the army's need for trucks.