State Property Fund raises over UAH 627M from privatization in March

State Property Fund raises over UAH 627M from privatization in March

In March, the State Property Fund held 53 privatization auctions and raised over UAH 627 million.

Ukrinform reports this with reference to the fund’s press service.

"At privatization auctions in March 2023, the total sum of winning bids reached more than UAH 627 million. 266 entrepreneurs took part in 53 auctions," the report says.

Read also: State Property Fund plans to resume large-scale privatization

The State Property Fund scheduled 16 privatization auctions for the period from April 3 to 7. An enterprise in the center of Odesa, a research institute in the center of Kyiv, and a station for breeding animals will be put up for sale.

“All funds, raised by the State Property Fund, are used to support the Defense Forces. For example, our result in March - 35 tanks or 1,600 pickup trucks," the fund said.

As reported, the State Property Fund plans to put up for sale large privatization objects in the second-third quarter of this year.

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