In a drastic move, Ukraine nationalized five companies with sufficient military supplies as it attempts to repel Russia’s forces. This was confirmed by the Ukrainian Secretary of the country’s National Security Council. The move was reportedly made under laws “in connection with military necessity,” according to Secretary Oleksiy Danilov.
American Military News reports:
The companies include aerospace company Motor Sich, energy company Ukrnafta, electrical transformer company Zaporizhtransformator, vehicle maker AvtoKrAZ, and oil refiner Ukrtatnafta.
“In order to meet the needs of the country under martial law, we have the right to make such decisions,” Danilov said
“The seized assets have been deemed military property, and their management was transferred to the Defense Ministry. After the end of martial law, in accordance with the requirements of the law, the specified assets may be returned to the owners or their value will be reimbursed,” he added.
Russia, which launched its unprovoked invasion of Ukraine in late February, has recently launched waves of attacks across the country, decimating civilian infrastructure such electricity and heating producers. Many across the country are bracing for a winter of total outages of power, heating, and running water.
Russia’s attack on Ukraine has been going on for years, but its invasion has been going on since February. The country has claimed four Ukrainian provinces.