The Ministry of Economic Development and Trade of Ukraine has registered the state-owned enterprise ProZorro.Sale. Thus, the pilot project of ProZorro.Sale is winding up, and the reform of public procurement transfers to a new stage.
It should be noted, since the launch of the first auction in October 2016, the ProZorro.Sale project has provided for a transparent sale of assets worth over UAH 8 billion. The initial goal of the project was to create a transparent system for selling assets of insolvent banks. Over time, the scope of activity extended to other assets – the property of state-owned enterprises, lease rights, rights to place advertisement, utility assets, etc. At the pilot stage, the project team developed procedures and regulations, accumulated experience in asset management, thereby allowing the transfer of the reform of public procurement to a new level by setting up the corresponding state-owned institution.
"Prozorro.Sale is one of the most successful projects of the Ministry of Economic Development and Trade. Already at the pilot stage, its team proved its extraordinary efficiency in the sale of sometimes complicated or troubled assets. Prozorro.Sales is important for Ukraine and my statist position is to institutionalize this project as a state-owned enterprise. This will allow us to determine its place in the system of state institutions and to formulate clear rules for interaction with the state system of auctions, which it manages", said the First Vice Prime Minister/Minister of Economic Development and Trade of Ukraine Stepan Kubiv.
The new public company is subordinate to the Ministry of Economic Development and Trade of Ukraine. The establishment of the state enterprise pursues the following objectives: to institutionalize the pilot project, to create a single state auction system, to consolidate procedures and processes, and to provide the technical, legal and organizational development of the system.
At the pilot stage, the financing of the ProZorro.Sales project took place due to the support of donor organizations. The state-owned enterprise Prozoro Sales will operate at the expense of the commissions from electronic platforms accredited for work within the ProZorro.Sale system.
Acting director of the state-owned enterprise was appointed Senior Project Manager of ProZorro.Sales Olexii Sobolev.
The control over the enterprise will be carried out by an independent supervisory board, which will comprise representatives of the Ministry of Economic Development and Trade, as well as three independent experts, who will be selected through an open competition. In addition, representatives of the Deposit Guarantee Fund will be invited to participate in the Supervisory Board.
According to acting Director of the SE Prozoro Sales Olexii Sobolev key areas of the company's activity include the sale of assets of bankrupt banks, assets of state and communal enterprises, small privatization.