The price of Vyshniakivskyi operating location and storage of alcohol of SOE Ukrspyrt (alcohol production) increased to UAH 23.1 million

The value of Vyshniakivskyi operating locationand storage of alcohol (alcohol production) put up for privatization from the list of objects of SOE Ukrspyrt has increased to UAH 23,100,111.

The privatization object is located in Kremenchuk, Poltava region and consists of 166 items of buildings, equipment and other property.

Despite the fact that one person wishing to take part in the auction registered, the price of the object increased from the initial UAH 9.8 to UAH 23.1 million.

The price increase in this case became possible due to the same rules for all and automation of the privatization process. Initial price offers are closed. Prior to the start of the auction, the number of registered participants and their initial bids are unknown.

Algorithms of online auctions motivate participants to make high starting offers, because the winner of the initial stage has a competitive advantage in the decisive round - the right to make the last bid.