Over the last two years, small-scale privatization has replenished the Ukrainian budget by almost ₴10B.

In the two years since the restoration of small-scale privatization, the State Property Fund has held 839 successful online auctions, which have provided ₴6.65B in direct revenue to Ukraine. As specified by the Ministry of Economy, taking into account the ₴1.2B in VAT paid and the new owners’s obligations to repay ₴1.73B in debt owed by privatized enterprises, the total economic effect of small-scale privatization reaches ₴9.58B.

It is noteworthy that the starting bids for auctioned objects increased by an average of 153% during bidding prior to sale. The largest amount (₴3.79B, or 57% of total revenue) came from selling 99 state-owned single property complexes. Among these objects are industrial and administrative real estate, warehouse complexes, hotels, and vehicles.

Locations where the most significant number of auctions were held are the Lviv (100), Rivne (75), and Vinnytsia (63) regions.

In terms of budget receipts, the leaders are Kyiv (over ₴1.69B), the Lviv region (over ₴1.17B), and the Odesa region (over ₴615M).