In July, privatization auctions brought the state budget UAH 521M.

In July, the amount of winning bids at the State Property Fund’s (SPFU) privatization auctions reached UAH 521M, twice as much as in the previous month. The final value of the assets exceeded the starting price by 250%. A total of 53 state property objects were sold. The largest privatized assets in July at the SPFU auctions through the Prozorro.Sales electronic system were:

1. Rivnetorf, the price of which increased 300% to UAH 205M due to competition between 12 participants;
2. Novosilkivsky distillery, the winning price of which increased 300% – up to UAH 90 million – due to competition between five participants;
3. The Urozhai enterprise in the Odesa region, for which 22 participants competed, increasing the asset’s value to UAH 65M.

In total, 385 entrepreneurs participated in 53 auctions, with an average of seven participants per auction. The top regional SPFU branches by auction amount in July: the Rivne, Zhytomyr, Ivano-Frankivsk, Chernivtsi, Ternopil, Lviv, Zakarpattia, and Volyn regions.