Business news from Ukraine

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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Ukreximbank is first collector to examine and put up pledged gold jewelry on SETAM

State-owned Ukreximbank is the first in the Ukrainian market to conduct a public sale of pledged property – jewelry made of precious metals and gems – through the OpenMarket electronic trading system (SE SETAM of the Ministry of Justice of Ukraine).

Unique nature of the sale

For a long period of time, the sale of pledged gold jewelry was complicated due to the lack of clear procedures that would allow the sale of jewelry at public auctions. Until 2022, jewelry was redeemed in favor of the state through the State Storage of Precious Metals, but due to a lack of funds in the budget, this process was “frozen”.

In 2022, a new Procedure for the Sale of Jewelry and Other Household Items Made of Precious Metals in the Course of Enforcement of Court Decisions and Decisions of Other Authorities was adopted. The Procedure, approved in February 2022, provides for a number of examinations prior to public bidding to determine the metal sample, determine the characteristics of gemstone inserts, etc.

Ukreximbank is the first bank in Ukraine to carry out all the necessary procedures for the sale of jewelry within the framework of enforcement proceedings, involving the Ministry of Finance of Ukraine and the Central State Assay Control Enterprise.

Thus, within the framework of the enforcement proceedings initiated in accordance with the requirements of the court decision on debt collection in favor of Ukreximbank, for the first time, a lengthy and extremely complicated procedure was completed from the preparation of the act of inventory and seizure of the debtor’s property, namely, jewelry made of precious metals and precious stones to the publication of the relevant announcements on the platform of the electronic system of SE SETAM on the date of the scheduled electronic auction.

The procedure for obtaining the statutory expertise is regulated and complex, but the coordination of the actions of the recoverer and the state enforcement officer made it possible to complete it in the shortest possible time. The property appraisal report, on the basis of which the starting price of the property put up for sale was formed, received by the state enforcement officer, contains references to

– an act of examination of valuables that have been accepted by the Central State Assay Control Enterprise;
– the act of the results of the examination of jewelry by an employee of the Ministry of Finance of Ukraine;
– the act of gemological examination of inserts.

Also, this is one of the rare cases when the Bank manages to successfully foreclose on such type of collateral as goods in circulation, usually when the borrower is recognized as a problematic borrower and the goods are no longer available.

Terms of sale

Lot No. 1
The starting price of the lot is UAH 1,972,320.00.
The total weight of the items is 1,355 kg.
The guarantee fee for participation in the auction is UAH 98,616.00.
The auction date is December 29, 2023.
Register for the auction, detailed description of the auction conditions and the lot itself by following the link.

Lot No. 2
The starting price of the lot is UAH 594 520.00.
The total weight of the products is 482.56 g.
The guarantee fee for participation in the auction is UAH 29,726.00.
The auction step is UAH 11,890.40.
The auction date is December 19, 2023.
To register for the auction, for a detailed description of the auction conditions and the lot itself, please follow the link.

Lot No. 3
The starting price of the lot is UAH 75 330.00.
The total weight of the products is 61.13 g.
The guarantee fee for participation in the auction is UAH 3,766.50.
Auction step is UAH 2,259.90.
The auction date is December 19, 2023.
To register for the auction, for a detailed description of the auction conditions and the lot itself, please follow the link.

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, and the total amount of sales since its launch is UAH 21.4 billion.

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SE SETAM sells seized building in Pechersk district of Kyiv

The Enforcement Division of the State Enforcement Service Department of the Ministry of Justice of Ukraine has put up for sale at an electronic auction on OpenMarket (SE SETAM of the Ministry of Justice of Ukraine) a building located at 139 Saksaganskogo Street in Kyiv.

The building has an area of 10,182.30 sq. m. (according to the technical inventory – 10,160.50 sq. m.). The price per square meter is UAH 27,510.

The lot is subject to a mortgage.

“The seized building on Saksaganskogo Street has been re-auctioned for the third time, so the lot is discounted by 30% from the first one. The building is located between Universytet and Vokzalna metro stations. Nearby, you can find a parking lot, public transport stops, shops, bank branches, a bus station, and much more. You can take part in the auction on December 18 by paying the guarantee fee in advance, namely UAH 14,005,740,” said Oleksandr Mamro, CEO of SETAM.

For more information, please follow the link: setam.net.ua/auction/537447

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 21.4 billion.

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SE SETAM sells property complex in Vinnytsia region

The Enforcement Division of the State Enforcement Service Department of the Ministry of Justice of Ukraine has put up a single property complex in Vinnytsia region for sale at an electronic auction on OpenMarket (SE SETAM of the Ministry of Justice of Ukraine). The starting price including VAT is UAH 78,697,765.

The lot includes:
– Complex of buildings and structures.
Total area: 27,129.60 sq. m.
Location: Vinnytsia region, Trostyanets district, Trostyanets village.

– A complex of buildings and structures.
Total area: 137,70 sq. m.
Location: Vinnytsia region, Trostyanets district, Severinivka village.

– Complex of buildings and structures.
Actual area subject to additional information: 1 817.40 sq. m.
Location: Vinnytsia region, Trostyanets district, Trostyanets town.

– Land plot.
Total area: 5.5716 hectares.
Cadastral number: 0524155100:01:001:0002.
Purpose: for the enterprise of other industry.

– Land plot.
Total area: 8.8779 hectares.
Cadastral number: 0524155100:02:012:0022.
Purpose: for the enterprise of other industry.

– Land plot.
Total area: 0.0486 hectares.
Cadastral number: 0524155100:02:012:0016.
Purpose: for the enterprise of other industry.

– Land plot.
Total area: 3.3885 hectares.
Cadastral number: 0524183200:01:002:0002.
Purpose: enterprises of other industry (location of water intake).

– 421 items of movable property (equipment) and 61 units of vehicles.
A full list of the described movable property can be found in the “Attachments” column. The lot is subject to a mortgage.

“The single property complex has been re-launched for the second auction, so the lot is discounted by 15% from the first one. The lot includes not only real estate, but also specialized food processing equipment, electrical equipment, as well as working machines and equipment of the meat processing plant. You can take part in the auction on December 13 by pre-registering for the auction and paying the guarantee fee,” said Oleksandr Mamro, CEO of SE SETAM.

For more information, please follow the link: setam.net.ua/auction/537220

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 21.4 billion.

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