SETAM sold property worth UAH 3 bln this year
Ukrinform
Since the start of 2019, the state-owned electronic platform OpenMarket has sold property worth UAH 3.3 billion, according to a press release of the State-Owned Enterprise System of Electronic Trading in Seized Property (SETAM).
“The state-run enterprise SETAM sold property for a total sum of UAH 3,128,054,060 billion in 2019,” reads the report.
Over the past year, 70,184 auctions were held via the OpenMarket electronic auction platform, of which 9,825 were successful. Competitive auctions additionally brought UAH 290 million.
During the system's existence, 69,081 users have been registered, which the highest number among online auctions in Ukraine. The State Executive Service sold the largest number of lots in 2019.
As reported, OpenMarket (SE SETAM) is a platform to sell and purchase seized property via the Internet using Blockchain technologies. The system has been operating Ukraine since 2014.
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