Next week’s lot of

Next week’s lot of 34 ‘small privatization’ properties is the usual mixed bag of abandoned properties dating back to the Soviet era. Scattered across 15 regions, they range from a half-finished distillery with an asking price of $42,000 to a padlocked garage with an asking price of $439. As the concept grows of finding private uses for excess government property, the number of participants in privatization auctions has doubled, says Sennychenko. In the first five months of this year, these mini-sales netted the government $18 million.