Between February 26 and March 1, the State Property Fund of Ukraine held 18 privatization auctions, which would raise UAH 219.6 million to the budget.
Vitaliy Koval, the head of the State Property Fund, announced this in a post on Telegram.
“18 successful auctions for almost UAH 220 million. This is the result of the State Property Fund this week,” the post said.
A total of 112 bidders competed for the lots, resulting in an average increase of 6.4 times in the starting prices of the objects.
The most expensive lot of the week was the single property complex of the Kyiv Experimental Prosthetic and Orthopedic Enterprise, which was sold for UAH 165 million.
This week, the fund plans to hold 26 online privatization auctions. (Ukrinform/Business World Magazine)