Prozorro.Sale auctions generate more than UAH 70B in budget revenues

Ukraine’s various-level budgets have received more than UAH 70 billion from online auctions held since the ProZorro.Sale platform was launched.

The relevant statement was made by Prozorro.Sale State Enterprise on Facebook, an Ukrinform correspondent reports.

In particular, the highest revenues came from the following areas: insolvent bank asset sales (UAH 25.09 billion), bankruptcy (UAH 13.70 billion), small privatization (UAH 13.15 billion), property and asset sales (UAH 10.15 billion) and special subsurface management license sales (UAH 3.96 billion).

The most expensive lots sold since the ProZorro.Sale platform was launched have been as follows: Dniprovskyi Iron and Steel Works (UAH 9.17 billion), Dnipro Hotel in Kyiv (UAH 1.11 billion), and the special license for oil and gas production operations within the Maiorivka field (UAH 1.10 billion).

The most competitive auction was the sale of the Skoda Octavia car, which involved 49 bidders. The starting price increased from UAH 1,137 to UAH 50,000.