For the first time, large privatization will take place entirely online on the Prozorro.Sales platform.
On Tuesday, July 23, the State Property Fund of Ukraine held a public presentation of the Big Privatization Project – 2024 and named its top five items. This was reported by the press service of the State Property Fund.
The head of the Fund, Vitaly Koval, emphasized that for the first time in the history of Ukraine, large-scale privatization will take place entirely online on the Prozorro.Sales platform.
“This will ensure equal opportunities for participants through open auctions, we strive to attract effective owners who can modernize businesses and increase their competitiveness in the global market,” he said.
According to him, the successful experience of small privatization, which, after the restoration in September 2022, has already brought more than UAH 5 billion to the state budget, proves the effectiveness of this mechanism for attracting investment.
We top 5 items to put up for auction this year:
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Hotel Ukraine: 4-star hotel in the center of the capital, starting price – more than 1 billion UAH. The auction will take place on September 18.
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United Mining and Chemical Company: Ukraine’s largest enterprise for the extraction and enrichment of titanium ores, starting price – about 3.9 billion UAH. The auction is scheduled for October 9.
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Aerok: a leading manufacturer of aerated concrete products with production facilities in Kyiv and Lviv regions.
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Demurinsky GOK: mining and processing enterprise developing Volchanskoye titanium and zirconium deposit.
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Investment Union Lybid (Ocean Plaza shopping center): one of the largest shopping and entertainment centers in Kyiv.
The money from these items is sent to the state budget, and the items themselves are transferred to the State Property Fund for privatization by the Ministry of Economy.
We remind you that on July 19, the State Property Fund of Ukraine announced online auctions for the large privatization of the state electronic trading system Prozorro.
It has been reported that the Ukraine Hotel in the center of Kyiv is worth UAH 1.047 billion in preparation for the privatization auction.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.