Business news from Ukraine

Business news from Ukraine

Ukrgasbank puts up production complex in Kyiv for sale for over UAH 240 mln

18 April , 2025  

The state-owned Ukrgasbank (Kyiv) has put up for sale via the OpenMarket platform (SE SETAM of the Ministry of Justice) an administrative and production complex at 2-b Kurenivska Street in Obolon district of Kyiv with a starting price of UAH 240.2 million.

According to the press service of SETAM, the lot consists of an administrative building (4.8 thousand square meters), a brick garage (49.8 square meters) and warehouse buildings (15.9 thousand square meters in total). The total area of the complex is 20.9 thousand square meters.

It is noted that the components of the complex are under five arrests in criminal proceedings, and there is a dispute over the ownership. Other restrictions include the bank’s right to use utilities, the absence of contracts for the supply of utilities, including electricity, gas, and water.

The auction based on the Dutch model is scheduled for April 22.

According to the National Bank of Ukraine, Ukrgasbank was ranked fifth in terms of assets (UAH 213.72 billion) among 61 banks at the beginning of this year.

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