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391 Goverment finance

SPF puts up for sale 210 small privatization enterprises worth UAH 113 mln

The State Property Fund of Ukraine (SPF) has put up for sale 210 small-scale enterprises worth over UAH 113 million

The State Property Fund of Ukraine (SPF) has put up for sale 210 lots of small-scale privatization worth over UAH 113 million, Acting Chairman of the SPF Vitaliy Trubarov said.

The majority of the companies subject to privatization are situated in Vinnytsia, Poltava, and Lviv regions, while the most expensive lots are in Zaporizhia regions, according to Trubarov's post.

"A potential buyer has 30 to 35 days since the date of the offer for sale to submit documents, make a guarantee deposit, check the facility, its technical and financial reports," he said.

Some 200 small-scale privatization auctions are scheduled for September.

As reported, small-scale privatization involves the sale of state-owned or municipal property, the value of which does not exceed UAH 250 million.

The SPF has fully completed including 716 facilities subject to small-scale privatization in 2018 in the ProZorro.Sale base.

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