The process was part of the demonopolization of the alcohol production market. UAH 1.05 bln ($39 mln) of the funds raised has already been paid by investors to the state budget, and another UAH 37 mln ($1.4 mln) were received as fines and guarantee fees for refusing the auction results. “This reform is a powerful stimulus for the development of the whole industry,” said the Deputy Chairman of the State Property Fund, Taras Eleiko.
State Property Fund of Ukraine (SPFU) sold 30 distilleries for UAH 1.7 bln ($64 mln).
