Ukrposhta, Ukrzaliznytsia, UMCC, other state-owned JSCs start selling assets in line with new rules via Prozorro.Sales

(updated and expanded)

KYIV. Dec 5 (Interfax-Ukraine) – The first joint-stock companies (JSC) fully owned by the state, including Ukrposhta, Ukrzaliznytsia and the United Mining and Chemical Company (UMCC), began selling their assets under new rules through online auctions on the Prozorro.Sales platform, the Ministry of Economy has reported.

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

In addition to the three enterprises mentioned above, four more state joint-stock companies have begun bidding for the sale and lease of property: the National Public Television and Radio Company of Ukraine, Ukrbud, Ukragroleasing and VSMPO Titan Ukraine. The total starting amount of assets offered exceeded UAH 250 million.

These state-owned joint-stock companies have already announced almost 450 online auctions in the Prozorro.Sales system, of which almost 250 are electronic auctions for the sale of assets and another 200 for the lease of property of these joint-stock companies, JSC Prozorro.Sales said.

“Among the joint-stock companies that are solely owned by the state, the first to begin announcing tenders were both companies that have been working with the system for years, as well as new organizers of electronic auctions, namely Ukrbud, Ukragroleasing and Titan Ukraine. The system and online auctions are structured in such a way that, thanks to the competition of participants, the transparency of the process, and the openness of information about each lot, it allows assets to be sold at market prices and generate income for the auction organizers,” CEO of Prozorro.Sales Serhiy But said.

He emphasized that the assets of joint-stock companies will also be sold in a transparent and open way.

“Therefore, we expect even more assets from state-owned joint-stock companies and announced in the bidding system in accordance with the decision taken by the government in September of this year,” But said.

According to the system, among the assets put up for auction are nonresidential buildings, production facilities, post office buildings, office premises in Kyiv, Odesa, Kropyvnytsky, Zhytomyr, Uzhgorod and other cities.

Anyone can participate in auctions announced by state-owned joint-stock companies, including foreign citizens, but not citizens or legal entities of the Russian Federation, the Ministry of Economy reminded. To do this, one needs to register on one of the platforms accredited in the Prozorro.Sales system and submit an application to participate in the selected auction. All information about the progress and results of auctions for the sale of assets of state joint-stock companies will be available to everyone in the public analytics module bi.prozorro.sale.

The ministry recalled that previously state-owned joint-stock companies were not supposed to sell their property through competitive electronic auctions, but determined the methods of alienation and lease by their own procedures in accordance with the law. Changes regarding the mandatory involvement of Prozorro.Sales in this process were made at the end of September 2023.

JSC Prozorro.Sales is fully state-owned enterprise and subordinate to the Ministry of Economy. It ensures the operation of an electronic trading system in which online auctions for the sale of public assets are held. For more than seven years of operation, online auctions Prozorro.Sales have helped attract more than UAH 80 billion to budgets of various levels.

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