State-run assets are known to be a drain on the state’s resources and have at times been feeding grounds for corruption.  Ukraine’s government included Hr 3.2 billion ($76 million) in privatization proceeds in the 2025 budget, which envisions auctioning off both small and large-scale assets. Radiorele produces low-current, miniature, electromagnetic switches, and relays, which are used to control voltage, current, and temperature in electrical systems. The plant has been put up for auction in the past, but has so far been unable to attract a buyer. The auction, which is for a 100% stake in the plant, will be held on Feb. 4. Its starting price is Hr 234.4 million ($5.6 million), which includes debts for the last six months. As of Sept.