<Table> <Tr> <Td> </Td> <Td> This article needs additional citations for verification . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed . (September 2011) (Learn how and when to remove this template message) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This article needs additional citations for verification . Please help improve this article by adding citations to reliable sources . Unsourced material may be challenged and removed . (September 2011) (Learn how and when to remove this template message) </Td> </Tr> <P> Privatization in Russia describes the series of post-Soviet reforms that resulted in large - scale privatization of Russia's state - owned assets, particularly in the industrial, energy, and financial sectors . Most privatization took place in the early and mid-1990s under Boris Yeltsin, who assumed the presidency following the dissolution of the Soviet Union . </P> <P> Private ownership of enterprises and property had essentially remained illegal throughout the Soviet era, with Soviet communism emphasizing national control over all means of production but human labor . Under the Soviet Union, the number of state enterprises was estimated at 45,000 . </P>

When did the massive privatization of russian economy occur