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Part of Shell gas stations is nationalized in Ukraine

Photo: enkorr.ua

The State Property Fund is preparing to put the nationalized 49% of the Shell gas station network in Ukraine for privatization.

The State Property Fund of Ukraine (SPFU) became the owner of 49% of the authorized capital of the LLC Alliance Holdingwhich operates a network of Shell gas stations. The press service of the State Property Fund reported this on Tuesday, November 5.

“At the end of October 2024, the State Property Fund officially became the owner of 49% of the authorized capital of the LLC. Alliance Holdingwhich operates a network of Shell gas stations in Ukraine,” the statement said.

By decision of the High Anti-Corruption Court, this part was collected as state revenue. In the past, it was owned by Russian Eduard Khudainatov, who was subjected to sanctions after the start of a full-scale Russian war against Ukraine.

Now the State Property Fund is preparing to put the nationalized 49% of the Shell gas station network in Ukraine for privatization. The auction will be held on the Prozorro.Sales electronic system.

All funds received as a result of the sale of nationalized (sanctioned) assets were credited to the state budget of Ukraine and sent to the Fund for Liquidating the Consequences of Armed Aggression.

Let’s remember that earlier six companies of an oligarch from Russia were nationalized in Ukraine. Ukraine is also preparing to nationalize the assets of fugitive president Viktor Yanukovych’s former security chief.

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Source: korrespondent

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