Revenue from small-scale privatization campaign exceeds US$10 mln in Jan-June

Some 104 facilities will be offered for sale at auctions.

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Acting head of the State Property Fund (SPF) of Ukraine Vitaliy Trubarov says budget revenue in January-June 2019 from the small-scale privatization campaign stood at UAH 265 million (US$10.1 million).

"Since the beginning of the year, 301 facilities have been put up for sale via electronic auctions. Some 197 of them have already been sold. An auction is expected to be held for 104 facilities, with the total starting price of UAH 76 million (US$2.9 million)," he wrote on Facebook on July 3.

Read alsoUkraine's Cabinet reports on successful small-scale privatization campaign

According to Trubarov, revenue from sales of small-scale facilities has totaled UAH 615 million (US$23.5 million) since the campaign start in the autumn of 2018.

As UNIAN reported earlier, on January 2, the State Property Fund of Ukraine approved a list of facilities of the small-scale privatization that are to be sold in 2019.

It includes both new facilities and those that were not sold last year. In total, the list includes 792 objects, including 48 blocks of shares, 92 single property complexes, 190 facilities under construction, 402 separate properties, and 59 social and cultural facilities.

Assets of the small-scale privatization are real estate, small businesses whose nominal value does not exceed UAH 250 million (US$9.6 million).

Revenue from the small-scale privatization campaign in January-April 2019 was estimated at UAH 204 million (US$7.8 million).

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