The money from the sale of ammonia is placed in ARMA’s deposit accounts, where they will be transferred to buy military bonds.
The National Agency for Tracing and Management of Assets (ARMA) sold in three open auctions the seized ammonia of Russian companies for 912 million hryvnias. It was reported on the department’s website on Monday, November 21.
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“Another batch of arrested ammonia with a volume of 10,000 tons, belonging to Russian enterprises, was sold at an auction, where the initial price increased by 26%, or by UAH 77 million,” said of the report.
It is indicated that this is the third batch of the total amount of ammonia, which in total is more than 40,000 tons. The previous two lots of arrested raw materials of the Russian enterprise ARMA were sold for almost 540 million hryvnias.
“Another batch of Russian property was sold with a significant increase in the initial price, which, due to the burden of the asset upon arrest and the need to pay VAT by the buyer, was a high auction result. As a result, we now have about one billion hryvnias from the sale of seized assets of Russian origin, which allows increasing the resources of the financing sphere by purchasing war bonds,” said Dmitry Zhoravovich, head of ARMA.
The money from the sale of ammonia is placed in ARMA deposits, where, after agreement with the Cabinet of Ministers, they will be transferred to buy military bonds. At the same time, the government has agreed to purchase ARMA military bonds for 300 million hryvnias.
Recall that last week Vladimir Zelensky put a condition for Russia, after which Ukraine could agree to the transit of Russian ammonia.
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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.