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.

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

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

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

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

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

Previous Main Topics