Economy

In one week, Ukraine’s state property fund sold UAH 250M of assets.

Monday, March 20, 2023
In one week, Ukraine’s state property fund sold UAH 250M of assets.

During March 13-17, the State Property Fund of Ukraine held 10 privatization auctions, attracting UAH 251.2M from private investors. The week’s main auction was the sale of the Belgorod-Dniester Sea trade port for UAH 220M, which is 2.3 times higher than the starting price. Also, the price of the Barsky distillery increased 4.7 times to UAH 21.3M. Moreover, investors offered to pay between UAH2M and UAH 3M for three more assets. The winner of the auction agreed to pay UAH 3M for a real estate complex in the city of Novoukrayinka, in the Kropyvnytskyi region, UAH 2.8M for the Kvarts quarry of non-metallic minerals in Druzhbiv, in the Zhytomyr region, and UAH 2M for the Severshchyna Trading House in Chernihiv. The SPFU plans to hold 20 privatization auctions this week.

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