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The State Property Fund sold assets worth more than half a billion hryvnia this week

On July 15-19, the State Property Fund of Ukraine held 14 privatization auctions, which attracted UAH 554 million. The press service of the State Property Fund reported this on Facebook.

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“From July 15 to July 19, the Fund held 14 privatization online auctions in the Prozorro system. Sales totaling more than 554 million hryvnia. 52 participants competed for ownership rights to the objects, which is an average of 3.71 investors. The price of assets increased by 2.39 times,” the message says.

Additionally, buyers must pay more than UAH 110.8 million in VAT. The total economic effect could amount to more than UAH 664.8 million.

What will be sold next week

The most expensive lot of the week was the Kozatsky Hotel in the center of Kyiv. The price of the object increased more than 2.5 times from the starting price – 155.5 million UAH to the winning price – 400 million UAH.

Next week, the State Property Fund plans to hold 19 online auctions for the privatization of state property.

minfin.com.ua

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