JSCs with 100% state share begin selling assets according to new rules through ProZorro.Sale

KYIV. Dec 5 (Interfax-Ukraine) – Joint-stock companies (JSC) with a 100% state share, including Ukrposhta, Ukrzaliznytsia and United Mining and Chemical Company, began selling their assets according to new rules through online auctions in ProZorro.Sale, the Ministry of Economy reported.

“The sale of assets of state-owned joint-stock companies through transparent online auctions is a logical step towards increasing the efficiency of public asset management,” First Deputy Prime Minister – Minister of Economy Yulia Svyrydenko said on the Telegram channel.

It is clarified that in addition to the above three enterprises, four more state-owned joint-stock companies announced bidding for the sale and lease of property: the National Public Television and Radio Company of Ukraine, Ukrbud, Ukragroleasing and VSMPO Titan Ukraine, and the total starting amount of the assets offered is more than UAH 250 million.

The Ministry of Economy clarified that anyone, including foreign citizens, can take part in the auctions.

The agency recalled that previously state-owned joint-stock companies were not required to sell their property through competitive electronic auctions, but determined methods of alienation and lease in their own procedures in accordance with the law.

The new order of transparent and competitive procedures, the Ministry of Economy indicates, will provide new opportunities to attract revenues for state-owned joint stock companies, as well as increase their accountability to the state.

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