One of the “achievements” of check privatization then was the denationalization of hundreds of state-owned enterprises throughout the country. Moreover, the addition was as follows: the transfer of the state-owned enterprise to private hands guarantees a more efficient management of personnel and assets of the enterprise. “The owner in any case will do better than the state bureaucracy”, is the slogan of that time.
Millions of Russians believed. Some enterprises, becoming private, really showed efficiency, economic growth. But, unfortunately, this is only a small percentage of all those who have gone through a voucher. Many simply disappeared, and their sudden owners are now pondering what country to hide the money from the asset that 24 had so easily gotten a year ago.
Recalling the statements of check privatizations to life:
We state the absence of complaints from the public about the presence of unsold privatization checks.
It was meritorious.
The grimace of voucher privatization was already in the fact that for one privatization check you could get completely different assets in different regions of the country. Thus, residents of the Nizhny Novgorod region, who decided to purchase Gazprom shares in 1994, could have won at least 1,5 thousands of units of these securities for a voucher. Wikipedia claims that the value reached 2 units per privatization check. Today it is about 280 thousand rubles. But Muscovites for one privatization check could not, on average, acquire more than 50 shares of the company (today - about 7000 rubles).
The check privatization allowed those who had a significant influence on labor collectives to rise, since privatization checks were bought from the collectives of entire factories, often for nothing. Privatization checks were bought up on the markets and in underground passages, which turned the very idea of citizens buying assets in the country into profanity.
According to statistics, today about 85% of Russians are in favor of the fact that the check privatization of 1992-1994 was far from fairness and transparency.