The State will get a UAH 108.5 million earning from the sale of three state-owned objects. This was made possible due to the successful sale of a number of objects being the state property by the State Property Fund.

“Privatization is one of the key priorities of the Government and one of the effective ways of leveraging investment and combating inefficient property management,” comments Prime Minister of Ukraine Oleksiy Honcharuk.

According to data of the State Property Fund, among the largest of the recently sold state properties is the wholesale market in Brovary for UAH 44.5 million, which is 10 times higher than the starting price of UAH 4 million. In addition, the Center for Certification of Building Materials, Products and Structures was sold for UAH 3.5 million. The sale price started from UAH 270 thousand and increased as a result of biding 13 times. 10 bidders competed for the object. Also, the State Property Fund sold 100% of the state-owned stake in JSC Ukraine Turystychna at a price exceeding by 35% the starting price.

The State Property Fund should continue the activity regarding 415 objects out of 500 objects that the Government has recently transferred to the State Property Fund.