State Property Fund already held 20 auctions for UAH 6.5M this year

Minister of the Cabinet of Ministers Oleh Nemchinov announced during a nationwide telethon on Ukrainian TV channels, an Ukrinform correspondent reports.

"During the first week of the new year, in the first five working days, 20 auctions were held, including 8 property auctions and 12 rental auctions. ...There were 52 bids. The total amount of the winning bids is UAH 6.5 million," the official said.

In particular, according to him, among the objects put up for sale was a summer camp in Odesa, the price of which rose almost 2.5 times to UAH 2.6 million, a building in Zakarpattia region (the price rose 135 times), and as well as several small premises in Lviv region, Kyiv region and other regions

Nemchinov noted that there were various participants in the auctions; Russia’s full-scale invasion did not scare them away.

"In general, during four months since the small privatization was resumed, from September to December, there were almost a thousand participants - 973... In total, the State Property Fund sold property worth UAH 2 billion. This is quite a lot," the official said.

As reported, the first rental auctions in 2023 were held on January 4 and 6.

Since the small privatization was resumed on August 19, 2022, the State Property Fund held more than 120 auctions via the ProZorro.Sale system. The total amount of winning bids came to UAH 1.8 billion.

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