The State Property Fund will sell bank’s assets, but the sale of the Belgorod-Dniester seaport fell through again.

Thursday, June 15, 2023
The State Property Fund will sell bank’s assets, but the sale of the Belgorod-Dniester seaport fell through again.

According to the state’s auction platform, ProZorro.Sales, the re-auction for the sale of the Belgorod-Dniester Sea Trade Port, scheduled for June 14, did not take place due to a lack of participants.

Before that, the State Property Fund had already tried to sell the port. Before the new auction, the starting price was halved to UAH 92.46M. The winner of the previous auction, which took place on March 13, refused to buy the port.

This week, the fund is also trying to sell the assets from eight banks for UAH 4.5B. In particular, the fund plans to raise UAH 3.6B from selling claims under loan agreements. The sale of real estate, land plots, and other fixed assets is also planned for UAH 821.1M. Moreover, the bank’s account receivables have been put up for sale for UAH 95.6M to pay back creditors.

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
Ukraine has increased bitumen import for road repairs by 500%.

Ukraine has increased bitumen import for road repairs by 500%.

Next post
A Ukrainian company helped Rosatom build five nuclear power plants abroad.

A Ukrainian company helped Rosatom build five nuclear power plants abroad.

Previous Main Topics