Almost 380 state-owned objects privatized in Ukraine in 2024

The State Prerty Fund’s press service announced this on its Facebook page, Ukrinform reports.

It is noted that the target for revenues from the privatization of state-owned prerty in 2024 was exceeded by 2.5 times, with the budget receiving UAH 9.9 billion, including VAT, resulting in a total economic effect of UAH 11.1 billion.

Compared to 2023, privatization revenues increased by 3.14 times.

Revenues from large-scale privatization accounted for 65% of total revenues, bringing UAH 6.45 billion to the budget.

Read also: Privatization revenues for 2024 may reach about UAH 12B – economy ministry

The number of bidders on average increased by 12.5% compared to 2023, with an average of 5.4 bidders competing for each lot at auction. The average asset value increased by 1.6 times.

As reported, online privatization auctions via the Prozorro.Sale system brought almost UAH 10.5 billion to the budgets of various levels in 2024.