The confiscation of Russian assets has brought in over 8 billion hryvnia for the Ukrainian budget

Stanislav Sereda
Stanislav Sereda Journalist
The confiscation of Russian assets has brought in over 8 billion hryvnia for the Ukrainian budget
Confiscation of Russian assets
Since the mechanism for the disposal of Russian assets came into effect in 2022, Ukraine has seized 85 assets, and since the start of the year, the High Anti-Corruption Court has seized 20 properties.

This has been reported by the press office of Transparency International Ukraine.

This concerns 20 Russian assets of various types – real estate, transport, corporate rights, financial assets and others, TI Ukraine clarified.

The organisation claims that the confiscation process is being held up not only by the ‘exhaustion’ of Russian assets on Ukrainian territory, but also by frequent personnel changes at the Ministry of Justice, which is responsible for filing claims with the High Anti-Corruption Court.

“The confiscation process itself is a way of holding Russia financially accountable, and it is yielding concrete results,” the statement reads.

Over 8 billion hryvnias have already been transferred to the Ukrainian budget, which can be used for reconstruction and compensation for losses, notes TI Ukraine.

Since the mechanism came into effect in 2022, 85 assets have been sold and 138 are being prepared for sale.

A further 1,980 assets are under the management of the relevant authorities, in particular the State Property Fund of Ukraine (SPFU) and the Asset Recovery and Management Agency (ARMA). In addition, 132 properties are located in temporarily occupied territories. 

As a reminder, it was previously reported that in 2026, the consequences of sanctions and high war costs were particularly felt in Russia.

Follow us on Telegram

Share tittle
Economy
"Ukrnafta" is to build a new gas-fired combined heat and power plant with the support of the EBRD
Economy

"Ukrnafta" is to build a new gas-fired combined heat and power plant with the support of the EBRD

"Ukrnafta", in partnership with the European Bank for Reconstruction and Development, is preparing to build a modern combined-cycle gas-fired combined heat and power plant with a capacity of around 250 MW.

21.07.2026
The IMF has approved a $690 million tranche for Ukraine: the conditions
Economy

The IMF has approved a $690 million tranche for Ukraine: the conditions

The Executive Board of the International Monetary Fund has completed the first review of the four-year Extended Fund Facility programme for Ukraine. The decision paves the way for the immediate release of approximately $690 million.

21.07.2026
The cost of living in Ukraine: Getmantsev reveals the actual figure
Economy

The cost of living in Ukraine: Getmantsev reveals the actual figure

The real cost of living in Ukraine should be at least 11,000–12,000 hryvnias per month. However, there are currently no plans to raise it to this level in the near future due to the constraints on the state budget.

20.07.2026
Electricity tariffs from 1 August: how much will a kWh cost?
Economy

Electricity tariffs from 1 August: how much will a kWh cost?

From 1 August 2026, the electricity tariff for households will remain unchanged. Household consumers will continue to pay 4.32 hryvnias per kilowatt-hour, regardless of their monthly consumption.

20.07.2026
The National Bank has increased its foreign currency sales to over a billion dollars
Economy

The National Bank has increased its foreign currency sales to over a billion dollars

Between 13 and 17 July, the National Bank sold 1.074 billion dollars on the interbank foreign exchange market. This is 203.09 million dollars, or almost a quarter, more than the previous week.

20.07.2026