State Property Fund schedules first large privatization auctions

The relevant statement was made by the Ukrainian State Property Fund on Facebook, an Ukrinform correspondent reports.

In particular, an auction for the sale of the unified asset package of Ukraine Hotel State Enterprise was scheduled for September 18, 2024.

Meanwhile, an auction for the sale of 100% of shares in UMCC JSC will take place on October 9, 2024.

The corresponding decisions were endorsed by the Auction Commissions, which included the representatives of the Ukrainian State Property Fund, relevant ministries, regional military administrations, and the enterprises offered for privatization.

Both auctions will be held in online mode through the Prozorro.Sale system in compliance with the requirements approved by the Cabinet of Ministers of Ukraine on July 12, 2024.

A reminder that, on July 12, 2024, the Ukrainian government endorsed the terms for the sale of the first large privatization objects, such as Ukraine Hotel, which is situated in downtown Kyiv, and United Mining and Chemical Company (UMCC) JSC.

Photo: bankruptcy-ua.com