In July, privatization auctions brought the state budget UAH 521M. In July, the amount of winning bids at the State Property Fund’s (SPFU) privatization auctions reached UAH 521M, twice as much as in the previous month. The final value of the assets exceeded th... #PrivatizationinUkraine #ProzorroAuction #Rivnetorf #StatePropertyFund
Ukraine’s international partners will help the State Property Fund to look for investors. The head of the SPFU, Rustem Umerov, discussed the start of large-scale privatization and the issue of improving corporate governance with the ambassadors of the G7 countries and the EU. The SPFU and ... #PrivatizationinUkraine #RustemUmerov #StatePropertyFund
The government finalized the launch of large-scale privatization. The Cabinet of Ministers approved the necessary technical changes to start the process of large-scale privatization through the Prozorro.Sales system. According to the Ministry of Economy, the approve... #PrivatizationAuctions #PrivatizationinUkraine #ProzorroUkraine
The State Property Fund sold Rivnetorf at auction for UAH 205M. The State Property Fund held an online privatization auction for the sale of the state-owned enterprise Rivnetorf, which produces peat semi-briquettes and non-agglomerated peat fuel. The selling price... #PrivatizationinUkraine #Rivnetorf #StatePropertyFund
The State Property Fund will auction a chemical plant in Kamianske. The State Property Fund (SPFU) has put the JSC Smola Chemical Plant in Kamianske up for the privatization with a starting price of UAH 190.3M ($5.2M). According to the SPFU, the auction will be held o... #ChemicalPlantKamianske #PrivatizationinUkraine #StatePropertyFund
Ukraine will launch large-scale privatization through online auctions in July. According to Deputy Minister of Economy Oleksiy Sobolev, large-scale privatization efforts through the Prozorro.Sales online auction platform will be launched soon. The Ministry of Economy expects the... #OleksiySobolev #PrivatizationinUkraine #ProzorroAuction #Prozorrosales
The State Property Fund sells a distillery in Lviv region. The State Property Fund has put the Uhersʹkyy distillery in the Lviv region up for sale in a privatization auction, the starting price of the asset is UAH 42.2M ($1.15M). The enterprise is capable of ... #DistilleryPrivatization #PrivatizationinUkraine #StatePropertyFund
Ukraine is planning to centralize state property management. According to the head of the State Property Fund, Rustem Umerov, the fund is developing plans to centralize the management of state property. It is envisaged to create a sovereign fund, a land bank, a... #NationalWelfareFund #PrivatizationinUkraine #RustemUmerov #StateOwnedObjects #StatePropertyFund
Three state giants have fallen under Ukraine’s big privatization. According to the head of the State Property Fund (SPFU), Rustem Umerov, these are the United Mining and Chemical Company, the Odesa Port Plant, and Centerenergo. The Odesa Port Plant, located in Yuzhn... #BigPrivatization #Centrenergo #OdesaPortPlantPrivatization #PrivatizationinUkraine #StatePropertyFund
Zelenskyy has restarted the “big privatization” in Ukraine. President Volodymyr Zelenskyy signed Law No. 8250 on optimizing the activities of the State Property Fund (SPFU) and restoring “large-scale privatization”. The document envisages expanding... #BigPrivatization #PrivatizationinUkraine #StatePropertyFund #Zelenskyy
Ukraine plans to liquidate 1,278 state-owned enterprises. The State Property Fund (SPFU), which currently manages 2,364 state-owned enterprises, made the decision. The department claims that 82% of state enterprises are unproductive, exist only on paper, and... #PrivatizationinUkraine #StatePropertyFund #UkraineStateOwnedEnterprises
The largest Ukrainian shopping mall, Ocean Plaza, will be privatized, and the proceeds will be directed to Ukraine’s restoration. The Cabinet of Ministers has transferred the state’s share of the Ocean Plaza shopping and entertainment center to the State Property Fund (SPFU). In addition, the government has ordered its assets to... #ArkadyRotenberg #OceanPlaza #PrivatizationinUkraine #StatePropertyFund #UkraineReconstruction
In May, the state earned almost UAH 704M from privatization. According to the State Property Fund, 339 entrepreneurs participated in 48 auctions. Among the largest auctioned lots are the Korostyshiv distillery, the Kyiv Arsenal premises, and the State Committee... #PrivatizationinUkraine #StatePropertyFund #UkraineBudgetRevenue
Assets of another bankrupt bank were put up for sale in Ukraine. Assets belonging to Bank Sich are scheduled for an online auction on June 6. Assets are being put up for sale for the first time, the Deposit Guarantee Fund noted. It is specified that the total debt ... #BankSich #Banksprivatization #DepositGuaranteeFund #PrivatizationinUkraine
Reducing the state’s role in the economy will accelerate Ukraine’s European integration. This is the opinion of analysts from the US non-governmental organization, Atlantic Council, which studies international relations and security issues. They refer to a report from the European Commiss... #AssociationwithEU #AtlanticCouncil #PrivatizationinUkraine #ReformsinUkraine #UkraineEU
Kyiv’s Electronmash plant was sold as part of small privatization on the third attempt. The state property fund (SPFU) held an online auction to sell the Kyiv Electronmash factory. During the auction, six companies participated in the bidding. The final bid almost doubled from UAH 61.2M ... #Electronmash #ElectronMashPrivatization #PrivatizationinUkraine #StatePropertyFund
The SPFU has scheduled a second auction to sell the Belgorod-Dnestrovsky port. The State Property Fund has scheduled another auction for the sale of the Belgorod-Dnestrovsky Sea Trade Port on June 6, with a starting price of UAH 184.92M ($5.6M). It should be noted that the winne... #BelgorodDniestrovskySeaPort #PrivatizationinUkraine #StatePropertyFund
Revenues from the sale of state property have reached a 10-year record. The state property fund transferred UAH 902M from privatization to the state budget in the first quarter of 2023, the highest indicator in the last 10 years. The average figure in the first quarter ov... #BigPrivatization #PrivatizationinUkraine #StatePropertyFund
Ukraine will sell large state-owned companies at a discount to support the economy amid the war, said the head of the State Property Fund (SPFU), Rustem Umerov. He added that Ukraine seeks investors brave enough to bet it will repel the Russian invasion. The large privatization effort will be lau... #PrivatizationinUkraine #RustemUmerov #StatePropertyFund
Ukraine is preparing to privatize a titanium quarry confiscated from a Russian citizen. The State Property Fund (SPFU) has officially established control over the Demurinsky Mining and Processing Plant, which develops reserves of titanium-zirconium sands in the Dnipropetrovsk region. At ... #DemurinskyMiningPlant #MykhailoShelkov #PrivatizationinUkraine
Small and medium-sized businesses account for 66% of Ukraine’s privatization process. Two-thirds (66%) of the assets put up for privatization since the beginning of 2023 were bought by representatives of small and medium-sized businesses, reported State Property Fund. Real estate compa... #PrivatizationinUkraine #StatePropertyFund
The Bilhorod-Dnistrovsky sea port will be offered at half the original price. The State Property Fund failed to privatize the Bilhorod-Dnistrovsky sea trade port on its first attempt. The Prozorro.Sales auction platform reported that the auction scheduled for March 3 did not ta... #PrivatizationinUkraine #ProzorroAuction #SeaPortsUkraine
Ukraine sells the rights to extract salt from a thousand-year-old deposit. The State Geology and Subsoil Service has put up for auction a special permit for mining rock salt at the Dolyna deposit in the Ivano-Frankivsk region, which is considered one of the oldest in Ukraine... #PrivatizationinUkraine #SaltMiningCOmpany #UkraineSalt
A Ukrainian quarry is being privatized for the first time in four years. For the first time since 2019, the State Property Fund has put a Druzhbiv quarry, Quartz, up for auction in the Zhytomyr Region. The auction is scheduled for March 9. The lot’s starting price is UAH 4... #DruzhbivQuarry #MiningEnterprises #PrivatizationinUkraine #StatePropertyFund
Another Ukrainian seaport has been put up for sale. On March 3, the State Property Fund will hold a privatization auction to sell the Bilhorod-Dniester Sea Trade Port. This will be the second privatization of the port in Ukraine’s entire history. The s... #PrivatizationAuctions #PrivatizationinUkraine #UkrainianSeaPorts
Ukraine plans to sell another seaport. The State Property Fund plans to privatize the Bilhorod-Dniester Sea trade port by the end of winter, said the head of the local branch of the State Property Fund, Oleksandr Slavskyi. The port’s priva... #PrivatizationinUkraine #SeaPortsUkraine #StatePropertyFund
A Ukrainian seaport was privatized for triple the starting price. The Ust-Dunaisk seaport was sold at auction on Tuesday, January 17, for UAH 201M ($5.5M). The privatization of a seaport took place for the first time in the history of Ukraine, reported the State Pr... #PrivatizationinUkraine #StatePropertyFund #UkraineSeaPorts
The State Property Fund has designated a seaport for privatization. The State Property Fund of Ukraine (STPU) prepared the Ust-Dunaisk Sea Trade Port for privatization. The auction will take place on January 17 on Prozorro.Sales, with the starting price of UAH 60M ($... #PrivatizationinUkraine #Prozorrosales #UkraineStatePropertyFUnd
The State Property Fund held 19 privatization auctions in four days. During December 12-16, the State Property Fund held 19 privatization auctions, from which the budget received UAH 100M. The money received from the sale of properties is 11 times more than the total s... #PrivatizationAuctions #PrivatizationinUkraine #StatePropertyFund
Small-scale privatization brought UAH 500M into Ukraine’s budget. Following the successful small-scale privatization auctions through the Prozorro.Sales platform, UAH 499.6M has been distributed to various levels of the budget, the state-owned enterprise Prozorro.Sa... #PrivatizationinUkraine #ProzorroAuction
State privatization has delivered UAH 372M to the budget in two months. Auctions for the privatization of state and communal property on the Prozorro.Sales portal over two months brought UAH 372M to Ukraine’s budget, Prozorro.Sales reported. To date, 43 auctions have been... #PrivatizationAuctions #PrivatizationinUkraine #Prozorrosales
Since the beginning of September, 14 small privatization auctions have been held in Ukraine, said the Minister of the Cabinet of Ministers, Oleg Nemchinov. According to the minister, on average, three participants take part in an auction – both legal entities and individuals. Bidders ha... #OlegNemchinov #PrivatizationAuctions #PrivatizationinUkraine
Denationalization of the economy has brought the government UAH 45B. More than 800 state-owned objects worth about UAH 45B ($1.2B) were transferred to the State Property Fund of Ukraine (SPFU). As the Ministry of Economy explained, the burden on the state departments u... #PrivatizationinUkraine #StatePropertyFund
The government has accelerated state property privatization. The government has changed the procedure for transferring property into state management under the State Property Fund for integral property complexes of enterprises, institutions, and organizations t... #PrivatizationinUkraine #StatePropertyFund
This year’s privatization will begin with two assets of state-owned alcohol producer, Ukrspirt. The State Property Fund has identified the first objects that will be put auction for privatization in September 2022. The auctions will be held in the state electronic trading system Prozorro.Sales, ... #PrivatizationinUkraine #StatePropertyFund
Ukraine will begin the privatization of bread factories and distilleries. The resumption of the privatization process, which is planned for September, will start with bread factories and distilleries, announced the State Property Fund. Currently, there are about 200 objects... #PrivatizationinUkraine #StatePropertyFundUkraine
Privatization in Ukraine might bring close to UAH 1B. By the end of 2022, Ukraine can raise as much as UAH 1 B from privatization, reported Ukrinform. According to government official Oleksiy Movchan, Ukraine’s budget can count on no more than UAH... #privatization #PrivatizationinUkraine
The Azov Shipyard has been put up for auction for UAH 211M. The State Property Fund of Ukraine has put up for online auction the Azov Shipyard state enterprise located in Mariupol at a starting price of UAH 211.4M, reported Ukrrudprom. The privatization packag... #AzovShipyard #PrivatizationinUkraine
Privatization of the Odesa Research Institute. The State Property Fund of Ukraine (SPFU), has put up for sale the Odesa Research Institute of Television Technology (ORITT), which made “eyes” for submarines and equipment for presidential aircraft. ... #OdesaResearchInsitute #privatization #PrivatizationinUkraine
The State Property Fund (SPFU) again canceled the auction for the privatization of JSC United Mining and Chemical Company (OGHC), which was to take place on October 29. The cancellation was due to the fact that it only received two bids. One of them did not meet the requirements of current legislation, and it is impossible to ho... #privatization #PrivatizationinUkraine #UnitedMiningandChemicalCompany
Kalush CHP to be privatized with a starting bid of ₴230 mln ($8.75 mln). On November 30th, the State Property Fund (SPFU) will auction the “Kalush Thermal Power Plant, Nova”. The power generation facility has an electric capacity of the CHP is 200 MW, and is pa... #BigPrivatization #KalushCHP #PrivatizationinUkraine #StatePropertyFundofUkraine
Over the two years of the “Great Privatization” and the “Small Privatization”, the budget of Ukraine received a boost in revenue valued at 4.5 bln hryvnias ($165 mln) . Speaking with TV channel DOM, the Deputy Chairman of the State Property Fund of Ukraine, Kostiantyn Koshelenko announced. Legislatively, privatization is divided into large and small. “Large-s... #BigPrivatization #KostiantynKoshelenko #PrivatizationinUkraine #SmallPrivatization
Large-scale privatization is underway . The process was unlocked by the parliament in March 2021. According to Deputy Head of the President’s Office, Kyrylo Tymoshenko, a four-fold increase in state budget revenues from privatizatio... #LargePrivatization #PrivatizationinUkraine #PrivatizationUkraine
‘Small’ privatizations – the sale of state assets that litter Ukraine 30 years after the collapse of communism – netted the government $61 million during the first half of this year. This is four times the amount of the same January-June period last year, the State Property Fund writes on Facebook. Increasingly popular, the sales are online, are open to bidders from across the nat... #BigPrivatizationUkraine #PrivatizationinUkraine
With ‘large scale privatizations’ only unblocked last month, the sales schedule for this year is as follows: United Mining and Chemical Company in August; Azov Shipyard in September; Bolshevik site in October; Hotel President in November, and by December two small Black Sea ports – Belgorod-Dnister and... #AzovShipyard #PrivatizationinUkraine #SeaPortsPrivatization
Of the 109 companies managed by Ukraine’s Defense Ministry, 20 state companies are to be liquidates, 15 are to be reorganized and three are to be prepared for privatization , Deputy Defense Minister Ihor Khalimon tells Interfax-Ukraine. By the end of this year, he has predicted that the number of companies under the Defense Ministry will be cut to 42. #PrivatizationinUkraine #StateCompaniesforPrivatization
The Rada passed a bill yesterday to resume privatization of large state owned corporations – one year after sales were suspended due to the coronavirus pandemic. The State Property Fund hopes to raise as much as $430 million this year by selling six large state companies, including Kyiv’s President Hotel, Kyiv Bolshevik Plant, the Odesa Portside Plant and Unit... #KyivBolshevik #privatization #PrivatizationinUkraine #StateOwnedCorporations #StatePropertyFund #UnitedMining
Private investment will breathe economic life into dead state assets, Economy Minister Ihor Petrashko wrote on the Ministry website. He said: “Removing restrictions on the sale of large state-owned enterprises will not only fill the state budget, but also attract large ... #IhorPetrashko #investments #privatization #PrivatizationinUkraine #StateAssets #StateCompaniesforSale
Under pressure for a slow start to vaccinations Under pressure for a slow start to vaccinations, Minister Stepanov told the Rada on Friday that all Ukrainian adults will be vaccinated by the end of this year. As of Thursday, only 10,000 people had ... #GrainHarvestForcast #Harvest2021 #Kolomoyskiysancsions #NordStream2completion #OilCrops #PrivatizationinUkraine #PrivatizationUkrspirt #Ukrainenews
Ukraine will open full-fledged embassies in Chile, Ghana and the Philippines this year Ukraine will open full-fledged embassies in Chile, Ghana and the Philippines this year, Foreign Minister Dmytro Kuleba told reporters on Friday. In addition to these new diplomatic posts, Ukraine will... #GrainHarvestForcast #Harvest2021 #Kolomoyskiysancsions #NordStream2completion #OilCrops #PrivatizationinUkraine #PrivatizationUkrspirt #Ukrainenews
