Photo from UNIAN
The State Property Fund plans to continue the campaign to sell 415 out of 500 facilities.
Ukraine's Cabinet of Ministers says the state will get UAH 108.5 million (US$4.53 million) from the successful sale of three state-owned facilities amid a privatization campaign launched by the country's State Property Fund (SPF).
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"Privatization is one of the government's key priorities and one of the effective ways of leveraging investment and combating inefficient property management," the Cabinet's press service quoted Ukrainian Prime Minister Oleksiy Honcharuk as saying on November 29.
According to the SPF, among the said facilities is a Brovary-based wholesale market sold for UAH 44.5 million (US$1.9 million), which is 10 times up from the starting price of UAH 4 million (US$166,875).
In addition, the Center for Certification of Construction Materials, Products and Structures was sold for UAH 3.5 million (US$146,016). The sale price soared by 13 times from the starting one set at UAH 270,000 (US$11,264). A total of 10 bidders competed for the facility.
The SPF also sold a 100% state-owned stake in JSC Ukraina Turystychna, a tour operator, at a price exceeding the starting one by 35%.
The State Property Fund plans to continue the campaign to sell 415 out of the 500 facilities the government has recently transferred to the SPF.