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Hotel Ukraine in the center of Kyiv has been sold

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Three contestants vied for ownership of the asset. The value of the privatization object increased from the beginning 1.048 billion Hryvnia to the last 2.512 billion Hryvnia.

State Hotel Ukraine on Maidan Nezalezhnosti in Kyiv was sold at auction for more than 2.5 billion hryvnia. Trading took place online for the first time in the system Prozorro.Sales, The State Property Fund of Ukraine (SPFU) reported on Wednesday, September 18.

It is indicated that three participants competed for ownership of the asset. The value of the privatization object increased from the beginning 1.048 billion Hryvnia to the last 2.512 billion Hryvnia.

The winner of the auction is OLA FINE LLC with an authorized capital of 768 thousand Hryvnia. The sole shareholder of the company is the investment fund ARS CAPITAL, and the ultimate owner is Maxim Krippa, registered in the UAE.

The winning bidder now has 30 business days to pay the proposed price for the lot. In addition, he is obliged to fulfill all the established conditions of privatization: pay the wage debts to the budget, pay the dues, provide social guarantees to the employees in accordance with the requirements of the labor law, do not burn the hotel worker for six months, and maintain the main business activity.


4 star hotel Ukraine (before Moscow) is located in the center of Kyiv, on Maidan Nezalezhnosti. It was opened in September 1961. It was the first high-rise building in Kyiv. The total area of ​​the 14-story building is 22,481.5 square meters. So, the selling price is 111 thousand Hryvnia per square meter, or 2.6 thousand dollars. The hotel has a restaurant with a total area of ​​451 sq.m and four banquet halls. There is a business center, six conference rooms and a meeting room. It offers a beauty salon, sauna and massage room, and parking for 69 cars. It is possible to order private laundry services.

Let’s recall that in July the State Property Fund announced online auctions for large privatizations of the state’s electronic trading system Prozorro.

It is also known that they are preparing for privatization The Drohobych saltworks is one of the oldest enterprises in Ukraine, operating continuously since 1250.

Zaporozhye Aluminum Plant put up for privatization
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Source: korrespondent

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