Starting in May, the first properties of Ukrspyrt, the former state alcohol monopoly, are to be privatized through ProZorro, the electronic auction house

Wednesday, February 19, 2020
Starting in May, the first properties of Ukrspyrt, the former state alcohol monopoly, are to be privatized through ProZorro, the electronic auction house

Starting in May, the first properties of Ukrspyrt, the former state alcohol monopoly, are to be privatized through ProZorro, the electronic auction house. Over the next year, the State Property Fund will sell off all 41 properties, ranging from abandoned buildings to fully functioning alcohol distilleries. In December, when the Rada abolished the state alcohol monopoly, an audit discovered that only one third of Ukrspyrt’s plants were functioning. The government hopes to earn as much as $100 million from the sale.

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