The auction for the sale in the system “Prosorro.Sales” of a single property complex of the state enterprise “Hotel “Ukraine” will be held on September 18, and 100% stake in JSC “United Mining and Chemical Company” (UGCC) – on October 9 of that year, the relevant dates determined the State Property Fund on Monday.
“Both auctions will be held in electronic format in the system “Prosorro.Sales” with the conditions approved by the Cabinet of Ministers on July 12, 2024. The maximum possible term for the auction has been set for OGCC, which allows potential buyers, including foreign ones, to conduct a full-fledged independent due diligence (Due Diligence) of the enterprise,” the privatization agency noted in a press release.
The starting price for the sale of the capital’s Hotel Ukraina is set at UAH 1 billion 47.637 million, while the price for OGCC is set at UAH 3 billion 899.358 million.
The Cabinet of Ministers has approved the terms of privatization of a single property complex of the state enterprise Hotel Ukraina at an electronic auction with a starting price of 1 billion 47 million 637 thousand 152 UAH.
The Cabinet’s representative in the Verkhovna Rada Taras Melnychuk said in Telegram that the relevant decision was made at a government meeting on Friday.
As reported, in April, the Cabinet of Ministers of Ukraine included in the list of objects of large privatization SE “Hotel “Ukraine”. In May, the action Commission determined the starting price of privatization of the hotel “Ukraine” 1 billion 47 million 637 thousand 152 UAH.
The capital’s hotel “Ukraine” is a state enterprise, which is under the jurisdiction of the State Property Fund. Hotel category “4 stars” on 14 floors has 363 rooms, six conference halls, rooms for negotiations. There is a parking lot for 80 cars and a shelter with a separate auditorium for 50 people. The total area of the building is 22.4 thousand square meters. The debt of the hotel by now amounts to more than UAH 45 mln.
