Revenues from small privatization reach almost UAH 600 mln - Economic Development Ministry

Revenues from small privatization reach almost UAH 600 mln - Economic Development Ministry

Ukrinform
The state budget has already received almost UAH 600 million from the sale of small-scale privatization facilities through the electronic procurement system ProZorro.Sale.

The Economic Development and Trade Ministry wrote this on Twitter.

"As part of small-scale privatization, 471 successful auctions were carried out through the system ProZorro.Sale over the past four months, which brought about UAH 600 million to the state," 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, 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. Small-scale privatization facilities are put for auctions by the State Property Fund of Ukraine and local authorities.

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