In 2014 losses of state-owned enterprises in Ukraine exceeded UAH 100 billion, said Minister of Economic Development and Trade, according to RBK-Ukraine (РБК-Україна).
«According to preliminary data, last year's losses exceeded UAH 100 billion”, noted Abromavichus.
He added that almost 60% of state-owned enterprises now have an annual turnover of less than €1 million.
«There are (SOEs) 1833 enterprises. Most of them are small ones, 60% with the turnover of less than €1 million,» said Abromavichus.
In his opinion, the state-owned enterprises are the main source of corruption in Ukraine.