Selling unused state property has caught on across the nation since the small-scale privatization started one year ago on the ProZorro.Sales election auction platform. In the first year, 1,142 state properties were sold, garnering $60 million for cities and for the State Property Fund. Competition bid prices up an average of 60% from starting levels. So far, 239 cities, towns and territorial communities signed up for the program which auctions state properties valued at less than $10 million. Top municipal privatizers are: Lviv — $17 million; Zhytomyr –$4 million; Kyiv — $3.6 million; and Vinnytsia — $1.4 million.
Selling unused state property has caught on across the nation since the small-scale privatization started one year ago on the
