The Kovel Educational Colony will be privatized on January 27. The Kovel Educational Colony was put up for auction, which will take place on January 27. The colony lot consists of 33 real estate objects exhibited for privatization, located on a land plot of 4.86 ... #BigPrivatization #KovelColony
Shmygal instructed to intensify 2022 the privatization and corporatization of state assets. Prime Minister Denis Shmygal has set a task for the Ministry of Economy to strengthen reforms in the privatization and corporatization of state assets next year. “Last year, we started the proce... #BigPrivatization #DenysShmyhal
Vuzliv distillery will be privatized with a starting price of UAH 21 mln ($0.8 mln). The State Property Fund (SPFU) has announced an auction for the privatization of the Vuzlivsky complex which includes manufacturing facilities and alcohol storage, located in the Lviv region. The auct... #BigPrivatization #DistilleryPrivatization #Vuzlivdistillery
The Electronmash plant was sold at auction for UAH 970 mln, according to Prozorro.sales. The winner of the Auction paid UAH 970 mln ($37 mln) with a starting price of UAH 66.7 mln ($2.5 mln). According to the results of the third round, the participant who offered UAH 970 mln for the prop... #BigPrivatization #Electronmash #PrivatizationUkraine
Trostyanets distillery privatized for ₴44 mln ($1.67 mln) , announced the State Property Fund (SPFU). The auction had a starting price of ₴44,012,959. The asset included 49 hectares of land with 67 buildings, including industrial stock for production and war... #BigPrivatization #PrivatizationofDistillery #Trostyanetsdistillery
The Bolshevik plant was sold at auction for ₴1.4 bln ($53 mln). The State Property Fund (SPFU) sold the Kyiv plant “Bolshevik” to the company “General Commerce” at an auction of “large-scale privatization” for ₴1.429 bln. The st... #BigPrivatization #BolshevikSold #StatePropertyFund
Other enterprises to be auctioned in the large-scale privatization in the remainder of 2021 include: the United Mining and Chemical Company (OGHC), the President Hotel in Kyiv, Electronmash, and the port of Ust-Dunaisk. The Head of the SPF, Dmitry Sennichenko, announced that on November 12 Electronma... #BigPrivatization #StatePropertyFund #ПриватизаціявУкраїні
Kovalevsky distillery was privatized for UAH 23.2 mln ($880,000). 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 wit... #BigPrivatization #Kovalevskydistillery #privatization #ПриватизаціявУкраїні
The State Property Fund held more than 1,500 auctions 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 unprodu... #BigPrivatization #privatization #UkraineStatePropertyFUnd
The ports of Ust-Dunaisk, Belgorod-Dniester, and Skadovsk will be privatized. Local and cross-border investors will be able to participate in online auctions for the privatization of the three ports in the sea harbors of the Odessa region. The privatization was announced by the... #BigPrivatization #SeaPortsPrivatization #SkadovskPort #StatePropertyFund
Privatization of the large-scale titanium plant falls through and serves as a lesson. According to the Kyiv Post, on August 31 the State Property Fund was due to sell United Mining and Chemical Company (UMCC) — the largest titanium ore producer in Europe and the country’s most attracti... #BigPrivatization #PrivatizationUkraine #StatePropertyFundUkraine #TitaniumPlantUkraine
With six major state companies scheduled for privatization auctions during the second half of this year, 75% of revenue is to come from “the sale of ‘blue chips,’ the worn-out but potentially competitive industrial giants inherited from Soviet Ukraine,” Dmytro Sennychenko, head of the State Property Fund... #BigPrivatization #BigPrivatizationinUkraine #PrivatizationUkraine
“There are hundreds of such non-core facilities in various government agencies, ministries,” Tymoshenko said . He cited a ski area in Lviv region and a health complex in Vorzel, Kyiv region, which are owned by the State Fiscal Service. He vowed: “Such non-core facilities will be transferred to State Property... #BigPrivatization #UkraineSellsAssets
The privatization drive is “irreversible, ” Kyrylo Tymoshenko, Deputy Presidential Chief of Staff, wrote on Facebook after President Zelenskiy chaired an inter-agency Zoom call Monday on the campaign. Over the next six weeks, there are to be ... #BigPrivatization #PrivatizatoninUkraine #StatePropertiesForSale #UkraineSellsProperties
President Zelenskiy yesterday signed a law allowing resumption of sales of large state companies, a privatization process that was suspended one year ago due to the coronavirus pandemic. All sales are to go through electronic auctions. Zelenskiy said: ““Despite the coronavirus crisis, our goal of ... #BigPrivatization #StatePropertyforSale
On Thursday, Odesa’s 12-story Victoria Hotel will be put up for auction 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 s... #BigPrivatization #privatization #VictoriaHotel
Ukraine’s goal of quadrupling revenues from the sale of state companies this year “is entirely realistic,” wrote Dmytro Sennychenko, the Head of the State Property Fund, in an Atlantic Council blog: “Ukraine moves closer to large-scale privatization breakthrough.” The $430 million goal will be met through the sa... #BigPrivatization #PrivatizationUkraine #StateCompaniesPrivatization
The first large scale privatizations of public enterprises are to take place this summer , Prime Minister Shmygal announced on Telegram. After meeting with Dmytro Sennychenko, the Head of the State Property Fund, Shmygal wrote that top candidates for auction are: Kyiv’s President Hotel, K... #BigPrivatization #MinisterShmygal #privatization #StatePropertyFund