Prime Minister Yuliya Tymoshenko's re-privatization plan has proven controversial
The Ukrainian government plans to sell some 93 percent of the shares in the country's biggest steel mill, Kryvorizhstal, which was re-nationalized earlier this month. Kryvorizhstal, Ukraine's most profitable mill, was sold in 2004 to a consortium owned by the son-in-law of former President Leonid Kuchma -- amid complaints about the artificially low price. After coming to power, Ukrainian President Viktor Yushchenko pledged to reverse the sale. This month a Ukrainian court upheld an earlier ruling nullifying the mill's privatization. Prime Minister Yuliya Tymoshenko says the new privatization of the mill will be the first transparent sale of state property in the country.