Ukraine will launch the Sovereign Fund with strategically critical state-owned enterprises. By the end of the year, the State Property Fund plans to launch the Ukrainian Sovereign Fund (USF). It will include all strategically important state-owned enterprises that will not be subject to priv... #OleksandrFedoryshyn #PrivatizationUkraine #StatePropertyFund #UkraineStateOwnedEnterprises #UkrainianSovereignFund
In August, privatization participants invested UAH 92M in state-held assets. In August, winning bids at privatization auctions from the State Property Fund of Ukraine reached UAH 92.1M. The final selling price of the assets exceeded the starting price by more than 2.5 times. I... #PrivatizationAuctions #PrivatizationUkraine #StateAssets #StatePropertyFund
The State Property Fund of Ukraine is preparing to resume large-scale privatization. The agency is ready to offer several assets to buyers, said the head of the SPFU, Rustem Umerov. Among them are the Odesa Port Plant, Centernergo, the United Mining and Chemical Company, the stateR... #DemurinskyMiningPlant #OceanPlaza #OdesaPortPlant #PrivatizationUkraine #RustemUmerov #StatePropertyFund
The United Mining and Chemical Company wants to absorb the nationalized Demurinsky mining and processing plant. The UMCC is negotiating with the State Property Fund regarding the possibility of merging with the previously nationalized Demurinsky GZK, said the deputy chairman of the board of UMCC, Dimitri Kaland... #DemurinskyMiningPlant #MiningTitaniumUkraine #StatePropertyFund #UMCC
After the resumption of privatization in September 2022, UAH 5B have been produced for the budget. With almost a year of small privatization operations, the budget has received more than UAH 3.8B in revenues from open auctions. Considering the taxes paid and the repayment of debts, the total amount... #PrivatizationUkraine #StatePropertyFund #UkraineBudget
A 100-year-old Lviv region distillery and a Kyiv meat processing plant are for sale in Ukraine. The State Property Fund of Ukraine submitted for privatization the Strutyn distillery in the Lviv region. The enterprise was founded in 1906 and was modernized in 2019. The plant produces ethyl alcoho... #DistilleryPrivatization #StatePropertyFund #ПриватизаціяУкраїна
The Ukraine State Property Fund sells a 150-year-old distillery. The State Property Fund (SPFU) submitted for the privatization of the Chervonoslobidsky distillery in the Buchansky district of the Kyiv region. The starting price is UAH 9.7M ($260,000), and the auct... #DistilleryPrivatization #StatePropertyFund #Ukrspirt #ПриватизаціяУкраїна
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 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
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
The SPFU plans to hold 38 privatization auctions in June totaling UAH 165M. The State Property Fund of Ukraine (SPFU) is looking for private investors for items including the Belgorod-Dniester port, the Vinnytsia cartographic factory, a complex of non-residential buildings in... #BelgorodDniestrovskySeaPort #PrivatizationAuctions #PrivatizationUkraine #StatePropertyFund
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
The Ukrainian Parliament supports the resumption of large-scale privatization. In addition, the transfer of confiscated sanctioned assets to the State Property Fund has been simplified. The new draft law envisages expanding the powers of the head of the State Property Fund (SPFU... #BigPrivatizationUkraine #PrivatizationUkraine #ReformsinUkraine #StatePropertyFund
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
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
In one week, Ukraine’s state property fund sold UAH 250M of assets. During March 13-17, the State Property Fund of Ukraine held 10 privatization auctions, attracting UAH 251.2M from private investors. The week’s main auction was the sale of the Belgorod-Dniester Sea t... #PrivatizationAuctions #PrivatizationUkraine #StatePropertyFund
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
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 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
Denationalization of the economy has brought the government UAH 45B. More than 800 state-owned objects worth about UAH 45B ($1.2B) were transferred to the State Property Fund of Ukraine (SPFU). As the Ministry of Economy explained, the burden on the state departments u... #PrivatizationinUkraine #StatePropertyFund
The government has accelerated state property privatization. The government has changed the procedure for transferring property into state management under the State Property Fund for integral property complexes of enterprises, institutions, and organizations t... #PrivatizationinUkraine #StatePropertyFund
This year’s privatization will begin with two assets of state-owned alcohol producer, Ukrspirt. The State Property Fund has identified the first objects that will be put auction for privatization in September 2022. The auctions will be held in the state electronic trading system Prozorro.Sales, ... #PrivatizationinUkraine #StatePropertyFund
Ukraine has resumed its state property lease program. The government has renewed the state property leasing program, providing benefits and discounts during martial law, reported the Ukraine State Property Fund. The adopted procedure also provides tenan... #LeaseProgram #SPFU #StatePropertyFund
The State Property Fund has sold the Stadnytsia distillery. The State Property Fund of Ukraine (SPFU) will sell the Stadnytsia distillery and storage facility, a subsidiary of the State Enterprise Ukrspirt, reported SPFU. The auction will take place on March 4... #DistilleryforSale #StatePropertyFund
The State Property Fund has put five distilleries up for sale. The State Property Fund has announced five online privatization auctions of distilleries, to take place between February 25 and March 4. The total starting price for all auctions is over UAH140M. The ... #DistilliryforSale #privatization #StatePropertyFund #Ukrainedistilleries #Ukrspirt
Ukraine budget received UAH 1.62 B from the lease of state property. Revenues from the lease of state property to the budget in 2021 amounted to a record of UAH 1.62 B ($ 59 M), reported The State Property Fund (SPFU). According to the head of SPFU, Dmytro Sennychenko,... #LeaseofProperties #SPFU #StatePropertyFund
The online auction for the privatization of the Irpin Correctional Center will take place on December 21. The asset is located in Kotsyubynske, Kyiv region, and has a starting price of UAH 220.2 mln ($8.1 mln). The auction is scheduled to be held today reported State Property Fund. #StatePropertyFund #ПриватизаціявУкраїні
Kalush CHP was sold for UAH 800 mln. The State Property Fund has sold the Kalush CHP at a privatization auction for UAH 801 mln ($29.7 mln). Constanza won the tender, announced Prozorro.Sales. The starting price was UAH 230 mln, with 7 c... #EnergyPlantforSale #KalushCHP #ProZorro #Prozorrosales #StatePropertyFund
The Bolshevik plant was sold at auction for ₴1.4 bln ($53 mln). The State Property Fund (SPFU) sold the Kyiv plant “Bolshevik” to the company “General Commerce” at an auction of “large-scale privatization” for ₴1.429 bln. The st... #BigPrivatization #BolshevikSold #StatePropertyFund
Other enterprises to be auctioned in the large-scale privatization in the remainder of 2021 include: the United Mining and Chemical Company (OGHC), the President Hotel in Kyiv, Electronmash, and the port of Ust-Dunaisk. The Head of the SPF, Dmitry Sennichenko, announced that on November 12 Electronma... #BigPrivatization #StatePropertyFund #ПриватизаціявУкраїні
Trostyanets distillery to be privatized. The state-owned enterprise in the Vinnytsia region has been put up for privatization with a starting price of ₴ 44 million UAH 44 mln ($1.67 mln). The distillery lists its assets as 67 plots of land a... #distilleryAuction #StatePropertyFund #Trostyanetsdistillery
The State Property Fund has sold the Vinnytsia distillery for 17 mln ($646,000) . According to the results of an online auction for the privatization in the ProZorro system, the successful bid was Invar LLC, reported Interfax. #InvarLLC #StatePropertyFund #Vinnytsiadistillery
The ports of Ust-Dunaisk, Belgorod-Dniester, and Skadovsk will be privatized. Local and cross-border investors will be able to participate in online auctions for the privatization of the three ports in the sea harbors of the Odessa region. The privatization was announced by the... #BigPrivatization #SeaPortsPrivatization #SkadovskPort #StatePropertyFund
The 17 state defense enterprises transferred to the State Property Fund 10 days ago are “the remnants of property that has been torn apart, plundered, ” said Yuriy Husev, Director General of Ukroboronprom, the defense production conglomerate, in an online forum last week. With names like the Ivano-Frankivsk Boiler and Welding Plant, the Transcarpath... #StatePropertyFund #ukroboronprom
The first of seven state-owned flour mills is to be privatized through auction on May 7 , the State Property Fund reports. Often called ‘bakeries’ these Soviet-era complexes mill wheat and corn into flour and animal feed. Located alongside railroad tracks, the seven ‘kombinats’ have elev... #BigPrivatization #FlourMills #StatePropertyFund
The first large scale privatizations of public enterprises are to take place this summer , Prime Minister Shmygal announced on Telegram. After meeting with Dmytro Sennychenko, the Head of the State Property Fund, Shmygal wrote that top candidates for auction are: Kyiv’s President Hotel, K... #BigPrivatization #MinisterShmygal #privatization #StatePropertyFund
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 #KyivPresidentHotel #privatization #PrivatizationinUkraine #StateOwnedCorporations #StatePropertyFund #UnitedMining
Online bidding by five companies for a state-owned alcohol distillery increased the price five times yesterday, to $3.9 million , reported the State Property Fund. The sale of the distillery in Lutsk through ProZorro.sale is part of a 2-year process to privatize Ukrspirt, the former state monopoly alcohol producer. By the time... #AlcoholDistillery #ProZorro #StatePropertyFund #Ukrspirt
