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AvtoKraz

Company

truck manufacturer

Ukrainian authorities nationalize AvtoKrAZ

In November 2022, it became known that the Ukrainian authorities would nationalize Ukrnafta, Ukrtatnafta, Motor Sich and AvtoKrAZ - the media.

Strategically important enterprises that are associated with Konstantin Zhevago, Igor Kolomoisky, Vyacheslav Boguslaev and Konstantin Grigorishin will become the property of the state.

On November 6, the NKTSBFR decided to ensure the forced alienation of shares of Ukrnafta PJSC, Ukrtatnafta PJSC, Motor Sich JSC, AvtoKrAZ PJSC and PJSC Zaporozhtransformer"." Thus, the regulator allowed the write-off of shares of these enterprises from the accounts of individuals, to the ownership of the state.