Business news from Ukraine

Business news from Ukraine

Irkliiv Butter and Cheese Factory in Cherkasy Region is being sold at OpenMarket auction: starting price is UAH 10.9 mln

The industrial complex of the former Irkliiv Butter and Cheese Factory in Cherkasy Region is being offered for sale on the OpenMarket electronic platform. The starting price of the lot is UAH 10.9 million, according to the State Enterprise “SETAM” of the Ministry of Justice of Ukraine.

The property, located in the village of Irkliiv, Chornobaivskyi district, includes several non-residential properties with a total area of 5,222.8 square meters. The complex has a developed engineering infrastructure: electricity supply with a connected capacity of 1,159.2 kW, an operating sewage pumping station, a water tower, and its own well.

“The sale of such properties through open bidding is a way to modernize regional industry. We believe that our auction will help find an investor who can unlock the potential of the enterprise and create jobs,” said Roman Osadchuk, CEO of SETAM.

The auction for the sale of the property will take place on December 18, 2025. The OpenMarket electronic trading system, which has been operating in Ukraine since 2014, is one of the key tools for online asset purchases. In total, property worth more than UAH 26.6 billion has already been sold through the system.

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Two large elevator complexes in Odesa region being sold on OpenMarket

Two large elevator complexes located in the Berezivka district of the Odesa region are being offered for sale on the OpenMarket electronic trading system (SE “SETAM” of the Ministry of Justice of Ukraine).

The first lot (No. 586642) is a mortgage complex of buildings with a total area of 18,270.7 square meters located at: Berezivka, Pristanichna Street.

The property includes administrative buildings, six grain warehouses, a weighing station, a grain dryer, a silo elevator, production facilities, and auxiliary infrastructure.

The auction date is October 31, and the starting price is UAH 85,086,000.

For more details about the lot and registration for the auction, follow the link

The second lot (No. 586647) is an elevator building with an area of 20,565.5 square meters with 106 items of movable property located in the village of Novoselivka, Berezivka district.

The auction date is November 3, and the starting price is UAH 19,580,000.

For more details about the lot and to register for the auction, follow this link

The sale is being conducted by a private executor within the framework of a single enforcement proceeding. The sale of such assets creates an opportunity to attract new investors to the development of the region’s agricultural infrastructure.

The OpenMarket auction (SE “SETAM” of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property online. The online auction has been operating throughout Ukraine since 2014.

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Boryspil automobile plant in Kyiv region sold for UAH 108 mln

State-owned Ukreximbank (Kiev) is selling a complex of buildings and structures, as well as a land plot in Kiev region through the OpenMarket electronic bidding system (SE “SETAM” of the Ministry of Justice of Ukraine), according to a press release of SETAM.

The starting price of the lot is 108 million 412 thousand 224 UAH. The auction is scheduled for April 17. The guarantee fee for participation in the auction is UAH 10.841 mln.

The press release notes that Ukreximbank is selling the car plant, but does not specify the name, but judging by the address of location in Boryspil and the attached photos, it is PJSC “Boryspil Automobile Plant” (“BAZ”) of the corporation “Etalon”.

The total area of the sold lot is 18.67 thousand square meters, including the main production building (7679.9 square meters) and production building (644.8 square meters); administrative and utility building with canteen (3 213.6 square meters); spare parts warehouse (4016.6 square meters) and other buildings.

The land plot has an area of 7.5205 hectares. Target purpose: for placement and operation of main auxiliary and auxiliary buildings and structures of processing, machine-building and other industries.

In the press release it is noted that the buildings and structures are in exploitable technical condition. The facility is fully operational as a production and warehouse complex with an administrative part. Its territory is fenced and guarded.

Borispol Motor Plant was established in 2002, where the corporation “Etalon” organized the production of small class buses. Currently, buses of various classes and trolleybuses are produced at the corporation’s Chernihiv auto plant.

According to the register of court decisions, in January 2023 PJSC BAZ was recognized bankrupt and liquidation procedure was opened.

According to the data of the National Commission on Securities and Stock Market for the third quarter of 2023, Bodmin AG (registered in Switzerland) owns 74.37% of BAZ shares, another 22.81% belongs to Kirayn LLC (Kiev).

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SE SETAM sells seized integral property complex in Odesa

The Enforcement Division of the State Enforcement Service Department of the Ministry of Justice of Ukraine has put up for sale through the OpenMarket electronic auction (SE “SETAM” of the Ministry of Justice of Ukraine) an integral property complex located in Odesa at the 19th km of Starokyivska road, 34.
The building has an area of 25,659.90 square meters. The lot consists of:
– the main building with utility blocks, a loading dock and a railway track;
– administrative building, security building, weighbridge, electrical workshop building;
– oils and greases warehouse, material warehouse, water measuring unit;
– switchgear, boiler house, carpentry shop, repair and mechanical shop;
– a trade pavilion, a car wash, a gas station, a warehouse of oils and lubricants and other property.
The full list is available at the link to the lot: setam.net.ua/auction/540581
“The auction is scheduled for February 7, so potential bidders have time to pay the guarantee fee and participate in the auction. The lot is being auctioned for the second time, so its starting price has been reduced by 15% from the first auction. Now the starting price for the complex, including VAT, is UAH 112,325,800, which is approximately UAH 4,377 per 1 sq. m.,” said Oleksandr Mamro, CEO of SE SETAM.
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 21.8 billion.

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Property worth almost UAH 2 billion sold through OpenMarket in 2023

In 2023, property worth more than UAH 1.9 billion was sold through the OpenMarket electronic auction (State Enterprise SETAM of the Ministry of Justice of Ukraine). A total of 4,339 lots were successfully sold. The sellers earned an additional UAH 206 million.
We remind you that SE SETAM works in the following areas:
– Sale of property seized by state and private enforcement officers, as well as property confiscated by court decisions;
– Sale of bank assets and claims;
– Holding auctions for the sale of property at the request of individuals and legal entities (voluntary sale);
– Holding auctions for lease of property;
– Sale of rights to enter into financial leasing agreements.
Last year, the Group sold property worth UAH 544 million through voluntary sales. The additional amount earned by the sellers was over UAH 44 million. Bailiffs sold seized property through OpenMarket for a total amount of over UAH 1.4 billion.
Successful auctions with the highest value in 2023:
Administrative warehouse complex in Kyiv region.
Sale price: UAH 200,500,000.
The seller: A private contractor.
Link to the lot: setam.net.ua/auction/519297
31 land plots in the Kyiv region, Kozyn village.
Sale price: UAH 118,761,601.
The seller: JSC Ukreximbank.
Link to the lot: setam.net.ua/auction/526989
A house in Kyiv on Staronavodnytska Street.
Sale price: UAH 88,453,986.
The seller: JSC Ukreximbank.
Link to the lot: setam.net.ua/auction/527335
“Last year, the company paid taxes, duties, mandatory payments and dividends to the state budget totaling more than UAH 38.6 million. Confidence in our auction is constantly growing, as evidenced by the system’s user base, which currently amounts to almost 100 thousand and is one of the largest in Ukraine,” said Oleksandr Mamro, CEO of SE SETAM.
The OpenMarket auction (SE “SETAM” of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 22 billion.

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Ukrgasbank sold building of Institute in Kyiv for UAH 65 million at auction

JSB “UKRGASBANK” sold the building of the Institute in Kyiv on Kurenivskyi Lane via OpenMarket electronic auction (SE “SETAM” of the Ministry of Justice of Ukraine). The sale price amounted to UAH 64,944,207.
The building of the Institute is located in the Obolon district of Kyiv, close to a park, post offices, public transport stops, the Pochayna metro station, shops, cafes and much more.
This is the 24th lot sold by the bank at the OpenMarket auction since the beginning of martial law, and the total amount of sales for this period was over UAH 142 million.
“Despite the difficult economic situation caused by Russia’s full-scale invasion of Ukraine, the real estate market is active in the segment of banking assets. Due to JSB “UKRGASBANK” flexible approach to real estate sales, as well as taking into account the “Dutch auctions” system introduced in 2021, the demand for JSB “UKRGASBANK” assets is at a consistently high level. JSB “UKRGASBANK” expresses its gratitude to SE “SETAM” for assistance in organizing sales, active support and effective cooperation, as the success in selling the Bank’s property directly depends on the quality of the auction organizer’s work,” said Daria Musych, Head of the Debt Settlement Department of Ukrgasbank.
“I would like to thank Ukrgasbank for their trust in our electronic auction. The bank is our constant and long-standing partner. Since the beginning of our cooperation, we have already sold the bank’s assets for over UAH 2.1 billion. The bank is one of our three most successful sellers,” said Oleksandr Mamro, CEO of SE SETAM.
The auction is available at the link: setam.net.ua/auction/539330
The OpenMarket auction (SE SETAM of the Ministry of Justice of Ukraine) is a simple and effective means of selling and purchasing property via the Internet. The online auction has been operating throughout Ukraine since 2014. The total amount of sales since its launch is UAH 21.6 billion.

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