An X-ray of the ‘small’ privatizations shows that in the first 90 days, 62% of purchases were for real estate and 40% were in Lviv region
Wednesday, November 7, 2018

An X-ray of the ‘small’ privatizations shows that in the first 90 days, 62% of purchases were for real estate and 40% were in Lviv region

An X-ray of the ‘small’ privatizations shows that in the first 90 days, 62% of purchases were for real estate and 40% were in Lviv region. On average, there were two bidders for each state owned property and the final sale price was double the initial asking price The Cabinet of Ministers reports that auctions through ProZorro have netted the treasury $14.5 million. Privatizations have far greater economic impacts as they unlock investment in otherwise economically dead properties.

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In a leading indicator of business activity, sales of new commercial vehicles are up 13% through October

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Louis Dreyfus Company, one of the world’s largest food traders, “plans to significantly increase its investment in Ukraine in the coming years,”

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