How to say "Privatization" in Russian?

Приватизация

"Privatization" is Приватизация in Russian.

Приватизация means "Privatization" in English.

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Word #3434 of 4,000 by frequency in Russian — level B2.

Example

Приватизация заводов началась в девяностых годах.

The privatization of factories began in the nineties.