147 real estate objects at auction: the state sells Ukrbud
6 May 21:36
The State Property Fund of Ukraine (SPFU) has announced an auction for the privatization of 100% of the shares of the State Joint Stock Company Ukrbud Construction Company. This was reported by "Komersant Ukrainian" with reference to a post on the SPFU Facebook page.
The auction is scheduled for June 18, 2025, in the Prozorro.Sale electronic system, and applications will be accepted until June 17, 20:00.
Main terms of privatization
Starting price: uAH 262.65 million (excluding VAT).
Terms of sale:
- Repayment of wage and budget arrears existing at the time of purchase within six months.
- Repayment of debts to creditors, except for debts to sanctioned persons and creditors from Russia and Belarus.
- Maintaining the company’s core business.
- Prohibition on dismissal of employees for six months.
- Dividends to the state budget based on the company’s performance from 2024 until the company is sold.
Information about the company
“Ukrbud specializes in the design of industrial and civil facilities, construction and installation works, and training for the construction industry. The company includes 10 subsidiaries, including design institutes and training centers. The company’s balance sheet includes 147 units of real estate across the country, 17 land plots with a total area of more than 16 hectares and more than 250 lease agreements with counterparties.
Ukrbud’s head office is located in Kyiv, near the Livoberezhna metro station.
Context
The decision to include 100% of Ukrbud’s shares in the list of large-scale privatization objects was made by the Cabinet of Ministers in March 2025. The company was transferred to the management of the State Property Fund of Ukraine in January 2023.
This auction is part of the large-scale privatization program aimed at attracting investment and efficient management of state assets.
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