Privatization-2020: as a result of transparent e-auctions, money will have to come to the State budget in amount of over UAH 3 billion

As a result of privatization e-auctions, UAH 3.03 billion will have to come to the State budget and that exceeds the plan more than six times.

For this purpose the Fund ensured conduct of about one thousand and nine hundred privatization e-auctions during which objects’ cost increased by an average of twice.

Among the most successful ones it should be noted the Hotel Dnipro’s privatization where the winner rate at the transparent e-auction was of UAH 1 billion and 111 million and JSC “Kyivpasservice” privatization where UAH 231 million from its ownership right came to the budget.

This is not just about separate objects, privatization affects on the entire industry. Thus, within the framework of demonopolization of alcohol production market, the Fund ensured conduct of transparent privatization e-auctions of SE Ukrspyrt’s objects.

Thanks to that, more that UAH 1.2 billion have to come to the budget and economy will gain the positive effect of the entire industry development.

It has to be noted that the State Property Fund of Ukraine has fulfilled the established plan on money income to the budget from privatization as early as June 2020.

Such results became possible due to the cooperated work of the Fund’s team and its implementation of transparency instrumentation, information openness and unified rules for all participants.