Business news from Ukraine

Ukrainian government will put Hotel Ukraina for sale for UAH 1 bln

13 July , 2024  

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.

 

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