Bidding in an online auction of a Ukrspirt distillery drove the price up almost five times, to $3.6 million

Bidding in an online auction of a Ukrspirt distillery drove the price up almost five times, to $3.6 million, reported the State Property Fund. Thursday’s sale of the Vyshiakivka, Poltava is part of a plan to sell all 41 unites of Ukrspirt. In the second half of this year, major privatization will commence, notably the sales of: Kyiv’s President Hotel, the Bolshevik enterprise, the Odesa Port Plant, and the United Mining and Chemical Company.