The State Property Fund plans to receive up to UAH 1 billion from privatization in 2022

The State Property Fund of Ukraine (SPFU) plans to receive from 600 million UAH to 1 billion UAH from privatization by the end of the year. Acting Head of the State Property Fund Olga Batova stated about it in an interview with Deutsche Welle.

“I will say for sure that this year privatization plans to attract more than UAH 600 million to the budget. We hope that it will be possible to get up to one billion in the budget, thanks to the increase in prices at electronic auctions,” said the head of The State Property Fund of Ukraine.

First of all, we are talking about the sale of non-working bread factories, distilleries and real estate, interesting for small and medium-sized businesses. According to her, the main task of privatization is business support in wartime, when hundreds of companies need platforms to resume work in safe regions.

The head of the State Property Fund added that they plan to announce auctions of objects already prepared for sale after the adoption of all regulatory acts.

As GMK Center reported earlier, from September 1, the Cabinet of Ministers of Ukraine has a massive launch of privatization At the same time, the state is launching grant programs to motivate businesses and people to create jobs as much as possible.