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Electronic auctions of small state-owned companies and properties are to start “in a few weeks,”

Electronic auctions of small state-owned companies and properties are to start “in a few weeks,”

Electronic auctions of small state-owned companies and properties are to start “in a few weeks,” Maksym Nefiodov, First Deputy Economic Development and Trade Minister of Ukraine, told reporters Wednesday. Facing less political opposition than privatizations of big state companies, the State Property Fund hopes to sell this year as many as 600 small properties, those valued under $10 million. The list for auction through ProZorro includes: recreation camps across the country; a training plant in Odesa region; a hospital, workshops and cafes in Lviv region; and a summer camp, parking lot and gas supply facility in Mykolayiv region.

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