State Property Fund held successful auctions for over UAH 440M in Jan 2022
Ukrinform
In January 2022, the State Property Fund of Ukraine held 17 successful auctions for a total amount of UAH 440.96 million.
Ukrinform reports this with reference to the State Property Fund’s press service.
"In January 2022, the State Property Fund held 17 successful online auctions for a total sum of UAH 440.96 million, of which UAH 286.03 million had already been transferred to the budget," the report says.
It is noted that the total amount of privatization proceeds was 42 times higher than in January 2021. The average number of auction participants also increased from two to four.
In addition, there was a significant increase in the average growth rate of prices of privatization objects at online auctions.
As Ukrinform reported, the state budget received UAH 5.07 billion in revenues from privatization in 2021.
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