Ukraine Seizes Control Of Five Strategic Companies From Oligarchs
The Ukrainian government seized ownership of top national oil producer Ukrnafta and Ukrntatnafta, the country’s largest refinery that shut down after being hit by Russian missile strikes in the first months of Moscow’s full-scale invasion of Ukraine. Both companies were controlled by Igor Kolomoisky, an oligarch who backed Zelenskyy’s 2019 presidential bid and is now facing investigations into the insolvency of PrivatBank, another of his former businesses. Kyiv also took over the manufacturer MotorSich, a maker of aero turbines and helicopter engines based in Zaporizhzhia, a city near the front line in the south....