Small privatization brought UAH 265 mln to state budget since year-start

The state budget has already received about UAH 265 million from the sale of small-scale privatization facilities through the electronic procurement system ProZorro.Sale.

Acting Head of the State Property Fund Vitalii Trubarov wrote this on his Facebook page.

“Since the beginning of the year, 301 facilities have been put up for electronic auctions, of which 197 have been sold. Other 104 facilities are expected to be put up for sale, with a total starting price of UAH 76 million. Since the beginning of the year, actual revenues from the small privatization made up UAH 265 million,” reads the report.

As Ukrinform reported, according to the Law of Ukraine "On Privatization of State and Municipal Property," which entered into force in March 2018, privatization took place through the electronic procurement system ProZorro.Sale. This concerns the assets of state and municipal property worth up to UAH 250 million.

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