The State Property Fund will again put the Port of Bilhorod-Dnistrovsky up for auction at a starting bid of ₴184M.

Thursday, February 29, 2024
The State Property Fund will again put the Port of Bilhorod-Dnistrovsky up for auction at a starting bid of ₴184M.

The single property port complex includes a nine-ship port fleet, 47 automobiles, and four railway transport units. The balance sheet also contains 18 portal cranes and other special equipment: 41 forklifts, four excavators, three bulldozers, a pneumatic crane, and a compressor.

The port in Bilhorod-Dnistrovsky was planned for privatization even before the start of the war. The port was unprofitable, with losses of ₴24-29M per year, and did not earn enough money to cover payroll.

The State Property Fund (SPFU) put the port up for privatization for the first time at the beginning of March 2023, but the auction did not take place. The auction of the port is scheduled on the Prozorro.Sales auction platform for March 21 with a starting price of ₴184M ($4.85M).

 

Support independent journalism team

Dear Ukraine Business News reader, we are a team of 20 Ukrainian journalists, researchers, reporters and editors who would humbly ask for your support.

Previous post
The national postal operator of Ukraine is ready for partial privatization and plans to increase operational efficiency and invest ₴1.3B in automation.

The national postal operator of Ukraine is ready for partial privatization and plans to increase operational efficiency and invest ₴1.3B in automation.

Next post
Ukraine receives $760M in grant funds from Japan and Norway, and the EU and Germany offer €1M in business grants.

Ukraine receives $760M in grant funds from Japan and Norway, and the EU and Germany offer €1M in business grants.

Previous Main Topics