A woman rides a bicycle, passing the Dnipro Hotel, located in the Kyiv city center on European Square, just a short walk from the Dnipro River, on July 16, 2020. The state hotel was sold for $41 million to a private investor through the ProZorro online procurement system on July 15.

Ukraine’s attempts to sell off state-owned agencies, companies and property have been slow and arduous.

After the breakup of the Soviet Union, Baltic states such as Latvia, Lithuania and Estonia privatized at a blistering rate, now possessing only a few dozen state-owned enterprises.

Source: www.kyivpost.com

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