State Assets Get a New Lease on Life: Two More Properties Find Investors
Today, the State Property Fund of Ukraine successfully held two privatization auctions that are expected to generate UAH 27.4 million for the state budget, plus an additional UAH 5.48 million in VAT, once the winning bidders complete their payments.
This means that two more state-owned assets will be transferred to investors who will give them a new lease on life, while the state will receive additional financial resources to support Ukraine's recovery and economic development.
Lot 1 – The Unified Property Complex of the Dublyany Distillery State Enterprise.
The auction attracted two bidders, driving the price to nearly double—from the starting price of UAH 12.97 million to UAH 26 million. In addition, the winning bidder will pay UAH 5.2 million in VAT.
Lot 2 – Part of an Administrative Building (207.1 sq m) in Novyi Buh, Mykolaiv Region.
The auction was conducted with a single participant exercising the right of redemption. Even so, the property's value nearly doubled, with the winning bid reaching UAH 1.4 million, compared to the starting price of UAH 729,000. The winner will also pay an additional UAH 280,000 in VAT.
Every successful auction represents more than the sale of state property. It brings new investment, creates new opportunities for the productive use of state assets, and generates additional budget revenues that contribute to Ukraine's economic growth.
The State Property Fund of Ukraine continues to open state-owned assets to investors, transforming properties that have remained underutilized for years into valuable resources for the country's economic development.