State budget gets UAH 173 mln from sale of small-scale privatization facilities

Minister of the Cabinet of Ministers Oleksandr Saienko said that UAH 173 million had been already transferred to the state budget from the sale of over 100 small-scale privatization facilities through the ProZorro.Sale system, the government portal reports.

"According to him [Saienko], 1,057 small-scale privatization facilities have been put up for sale. More than 100 auctions have been successfully conducted and UAH 173 million has been transferred to the state budget," reads the report.

It is also noted that new principles for the sale of objects from the list of small-scale privatization facilities through transparent auctions allowed the sale price to be increased tenfold from the starting price.

"For example, the starting price of one of the objects was UAH 35 thousand but we sold it for UAH 1.123 million, so the price grew 32 times," the minister said.

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