The State Property Fund of Ukraine (SPFU) has announced an auction for the privatization of a 100% stake in the State Joint-Stock Company Construction Company Ukrbud. This was reported by Kommersant Ukrainskyi, citing a post on the SPFU’s official Facebook page, according to PromPolitInform.
The auction is scheduled for June 18, 2025, and will be held via the electronic trading system Prozorro.Sale. Applications will be accepted until 8:00 p.m. on June 17.
Key Privatization Terms
Starting price:
UAH 262.65 million (VAT excluded)
Sale conditions include:
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Repayment within six months of all wage arrears and debts to the state budget existing at the time of purchase;
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Settlement of debts to creditors, excluding liabilities to sanctioned entities and creditors from Russia and Belarus;
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Preservation of the company’s core business activities;
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A ban on layoffs for six months following privatization;
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Transfer to the state budget of dividends generated from the company’s operations from 2024 until the date of sale.
Company Profile
Ukrbud specializes in the design of industrial and civil facilities, construction and installation works, and workforce training for the construction sector. The company comprises 10 subsidiaries, including design institutes and training centers.
Ukrbud’s assets include 147 real estate properties across Ukraine, 17 land plots with a total area exceeding 16 hectares, and more than 250 active lease agreements with counterparties.
The company’s headquarters is located in Kyiv, near the Livoberezhna metro station.
Background
The Cabinet of Ministers decided to include 100% of Ukrbud’s shares in the list of large-scale privatization assets in March 2025. The company was transferred to the management of the State Property Fund of Ukraine in January 2023.
The auction is part of Ukraine’s large privatization program aimed at attracting investment and ensuring more efficient management of state-owned assets.
