Joint-stock companies (JSC) with a 100% state share began selling their assets under the new rules through online auctions in Prozorro.Sales, the state electronic trading system.

The first seven state JSCs that announced electronic auctions for the sale and lease of property are Ukrposhta, the National Public Broadcasting Company of Ukraine, Ukrzaliznytsia, Ukrbud, Ukragroleasing, VSMPO Titan Ukraine and the United Mining and Chemical Company.

“The Government and the Ministry of Economy have developed and implemented transparent and competitive procedures that create new opportunities to attract revenue from their sale to state JSCs. Today, almost the entire market of public assets is sold through competitive procedures. And the sale of state JSC assets at transparent online auctions is another step towards improving the efficiency of public asset management. This will also ensure transparency and accountability for the owner of these companies - the state,” Yuliia Svyrydenko, First Deputy Prime Minister - Minister of Economy of Ukraine, said.

These state JSCs have already announced almost 450 online auctions in Prozorro.Sales. Almost 250 of them are electronic auctions for the sale of assets and another 200 - for the lease of property of these joint-stock companies. The total starting amount of assets put up for auction is more than a quarter of a billion hryvnias.

“Among the JSCs that are solely owned by the state, 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, were the first to announce tenders. The system and operation of online auctions are built in such a way that, thanks to the competition of participants, transparency of the process, openness of information about each lot, assets can be sold at market prices and bring income to auction organizers. And JSC assets will also be sold in a transparent and open manner. Therefore, we expect even more assets from the state JSC and bids announced in the system in accordance with the decision adopted by the Government in September of this year,” Serhii But, CEO of Prozorro.Sales, added.

Assets put up for auction include non-residential buildings, production facilities, post office buildings, office premises in Kyiv, Odesa, Kropyvnytskyi, Zhytomyr, Uzhhorod and other cities.

Anyone, including foreign citizens, may participate in auctions announced by state-owned JSCs. To do this, you need to register on one of the sites accredited in Prozorro.Sales and apply for participation in the selected auction. Citizens and legal entities of the russian federation are prohibited from competing for state assets of JSCs.

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.

It is worth reminding that the new rules for selling and leasing assets of state-owned joint-stock companies through online auctions in Prozorro.Sales entered into force two months ago with the entry into force of the relevant resolution of the Cabinet of Ministers. It provides for that from now on, in accordance with the current legislation, such joint-stock companies will sell and lease their assets at the state online auctions of Prozorro.Sales.

Previously, state joint-stock companies were not obliged to sell their property through competitive electronic auctions, but determined the methods of alienation and lease in their own procedures in accordance with the legislation on the activities of joint-stock companies.