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 PJSC Vinnytsiapobuthim, a well-known manufacturer of household chemicals and cosmetics, has been transferred to the State Property Fund of Ukraine (SPFU) for future sale at auction. This was reported by the Asset Recovery and Management Agency’s (ARMA) press service. The Vinnytsiapobuthim enterprise was seized and transferred to ARMA’s control in July 2022 and is currently being operated by Kraytex-service, which won an asset management competition in December 2022. The Antimonopoly Committee approved the asset’s transfer to ARMA in April of

 By the end of 2022, Ukraine can raise as much as UAH 1 B from privatization, reported Ukrinform. According to government official Oleksiy Movchan, Ukraine’s budget can count on no more than UAH 1B from privatization this year. Currently, the State Property Fund has prepared many objects for privatization. The Ukrainian government is working on a new law that will allow the acceleration of privatization processes in Ukraine. The draft law creates conditions for the acceleration of privatization processes in

The State Property Fund has announced five online privatization auctions of distilleries, to take place between February 25 and March 4. The total starting price for all auctions is over UAH140M. The list includes the following objects of Ukrspirt corporation: Vuzlivske (Lviv region) Starting price UAH 21.7M ($772,000) Marylivske (Ternopil region) Starting price UAH 52.1 M ($1.82M) Strutynske (Lviv region) Starting price UAH 31.4M ($1.1M) Chervonoslobodske (Kyiv region) Starting price – UAH 9.8M ($345,000) Stadnytske (Kyiv region) The starting price

The 122-year-old Odessa Champagne Factory, located on French Boulevard, was sold at an online auction for UAH195M ($6.85M). According to State property fund officials, seven companies took part in the bidding, and the starting price more than doubled. In addition, the buyer is obliged to continue wine production for three years and enter into protection agreements for architectural monuments – the entrance arch and the main building.

The National Bank of Ukraine is currently selling the Illichivsk Plant of Reinforced Concrete Structures at UAH 80.2 M ($ 2.9 M). The company sits on a land plot measured at 16.9 hectares with buildings and structures totaling 27,755.4 sq.m. The enterprise is located in the village of Malodolinske on Vynokurova Street, 1. The Prozorro.sales auction is scheduled for January 26.

The President’s Office expects to see the privatization of three large enterprises: The United Mining and Chemical Company (OGHC); The Centrenergo, and The Odesa Port Plant, in 2022. The privatization of the United Mining and Chemical Company (OGHC) was postponed three times in 2021 due to a lack of potential buyers and insufficient availability of time to analyze the company. The Deputy Head of the President’s Office, Rostislav Shurma acknowledged that a certain level of mistrust has accumulated and held

The Prime Minister, Denis Shmygal, announced this at the opening of the Ukrainian-Croatian business forum in Kyiv. “In 2020-2021, the state received UAH 8.1 bln ($298 mln) from privatization. Compared to the previous years, only UAH 6.5 bln was received from 2012 to 2019. I call it privatization reform”, said Shmygal.

At the privatization auction for the sale of property of Vuzlivsky MTD in the Lviv region, the price increased from the starting UAH 21 mln ($772,000) to UAH 333 mln ($12.2 mln), (Prozorro.Sale). The distillery is located in Radekhiv, which is in the Lviv region. A total of 7 companies took part in the bidding. The proposed UAH 333 million is the highest price among all privatized distilleries in Ukraine.

The two state-owned banks must adopt “roadmaps” for partial or full privatization in cooperation with the Ministry of Finance. To reduce the state’s share in banks to 25%, PrivatBank and Oschadbank will develop and approve a roadmap to determine the steps needed to bring each or full privatization and outline legislative changes required to implement the presented privatization options. The Cabinet of Ministers plans to adopt these plans by the end of January 2022.

The State Property Fund of Ukraine (SPFU), has put up for sale the Odesa Research Institute of Television Technology (ORITT), which made “eyes” for submarines and equipment for presidential aircraft. The sale includes 34 real estate units with a total area of 11,853 square meters which is located on Mechnikova Street in Odessa. The starting price for the sale of ORITT is UAH 35 mln ($1.29mln), and the auction will take place on December 24, reported theodessajournal.

The State Property Fund (SPFU) will privatize the Kovel educational colony, which is located in the Volyn region. The asset includes 26 real estate assets, buildings with a total of 19,476 square meters. In addition to two land plots, which are 4.86 hectares. 70% of the proceeds from privatization will go to the construction of new and renovation of existing penal institutions and the remainder to the state budget, announced SPFU.

The Vinnytsia Crystal Plant will be auctioned on December 17, announced the Prozorro.Sales website. The starting price is UAH 89.9 mln ($ 3.4 mln).

which was to take place on October 29. The cancellation was due to the fact that it only received two bids. One of them did not meet the requirements of current legislation, and it is impossible to hold an auction with only one participant. The next auction will take a place in December this year, announced SPFU.

. The State Property Fund (SPFU) will put the Lipnytsia distillery in the Zhytomyr region up for an online auction to take place on November 19, 2021. The asset is being sold along with real estate including a building area of 16,617 square meters. The distillery is located on a land plot of 47.9 hectares. In addition, the production facility, the company owns another 45 units of real estate, 20 vehicles and 588 units of equipment.

in the Kherson region. During the online auction, the bidding’s value increased 7.3 times from the starting price of UAH 6.13 mln ($233,000). The auction had 9 registered participants and the asset included land and a property area of 1,541.28 square meters.

Three participants registered to participate in the auction. The price of the distillery during the auction increased two-fold against the starting price. “The new owner will receive 33 properties with the total area of 8,284 sqm, along with production equipment, vertical communications, and vehicles” reported the State Property Fund.

since the beginning of 2021. The State Property Fund of Ukraine (SPFU) earned more than UAH 2.2 billion ($83 mln) from the auctions “Privatization is, first of all, the transformation of unproductive assets into productive ones”, Sennichenko said.

This announcement was made by Vasyl Khmelnytsky on LinkedIn. Citing the main problem of state enterprises in Ukraine is the lack of incentives for development. “Compared to private businesses, state enterprises are not afraid of bankruptcy or competition. Some of them work on the basis that the state can always cover its losses with taxpayers’ money. I think that the situation can be altered by privatizing all state companies which are of no strategic importance. We can invite foreign companies

For the fourth time, the State Property Fund has put the Vishnyakovsky distillery up for auction. The asset includes the separate property of the Vishnyakovo place of operation and the storage of alcohol of the State Enterprise Ukrspirt in the Poltava region. The Online auction is scheduled to be held on October 22nd. The successful bidder will receive 25 real estate assets with a total area of 11,134.2 square meters. The distillery is also located on a land plot with

by the Deposit Guarantee Fund. Located a 10-minute walk from Arcadia beach, this Black Sea hotel has 229 rooms. The starting price is $7 million. The hotel is one of 862 assets that the Fund will be selling as it liquidates Misto Bank. This Odesa bank was declared insolvent in December 2020.