Address of the Chairman of the SPFU to the staff of the Fund

While the Defense Forces protect Ukraine with weapons in their hands, the SPFU protects the economic sector of the front.

Each income to the state budget provided by the Fund brings Ukraine's victory closer. Giving the state as much revenue as possible is our combat mission.

Therefore, the successful privatization of all enterprises and all property announced for sale by the end of 2022, as well as preparation for the privatization of as many objects as possible in the shortest possible time, is the personal responsibility of all Fund’s employees involved in this process. Revenues from lease auctions should also continue to be maximized.

As Chairman of the SPFU, I have a mission: to leave in the past the unprofitability of state-owned enterprises and turn state property from property to treasure. As Chairman of the SPFU, I strive for Ukraine's entry into the club of world sovereign funds. My goal is to turn the SPFU into an institution that will interest the world's largest investment funds to invest in Ukraine.

Already, the main principle of the Fund's work should be as follows: state assets should either make a profit for the state or work in the hands of a private owner.

In the coming months, state property and state-owned enterprises will be concentrated in the management and disposal of the Fund. This is a great responsibility and challenge for the Fund.

To cope with this responsibility, the Fund will be transformed. The current functions of the Fund will be expanded into more specific functions.

In general terms, I can say the following. First, the Fund will develop as a regulator of the property relations market and related services. Secondly, the Fund will develop those enterprises that still have the potential for their own and their industries’ reproduction and development. On the basis of these assets, a Ukrainian sovereign fund will emerge. Thirdly, the Fund will develop the provision of services. In addition, the Fund will offer the economy and the state new products that will contribute to the growth of the value of all assets and attract investment.

I believe that the Fund’s staff should become an example for others. We must fight for our sector of responsibility and thus help our soldiers.

Delay in a full-scale war costs the state too much, so every employee of the Fund must work selflessly and efficiently. Every success will be noticed and noted by me.

The word "solution" should be decisive in everyone's work, not the word "problem". We have to be disciplined, creative, persistent, and we have to learn new things.

Bringing Victory Together!