Ukraine is preparing the Kozatskiy Hotel for privatization and will try to sell a nationalized agricultural company formerly owned by a Russian billionaire.

The State Property Fund of Ukraine (SPFU) is preparing the Kozatskyi Hotel in Kyiv on Independence Square for privatization with a starting price of ₴155.4M ($3.8M). The hotel has a total area of ​​9,513 square meters. The hotel has a café, restaurant, 126 rooms, and five conference halls.

In addition, on June 28 the SPFU will hold an online auction to sell the nationalized agricultural company Investagro, which previously belonged to the sanctioned Russian billionaire Mykhailo Shelkov, with a starting price of ₴48.9M ($1.25M). Investagro is an active agricultural company in the Dnipropetrovsk region that harvests sunflower, millet, rapeseed, and wheat. The company owns 25 registered real estate and infrastructure units, including production facilities, a warehouse, and administrative buildings. The agricultural company also leases 226 land plots.

This year, the State Property Fund plans to raise ₴4B for the budget from the privatization of small and large objects.