Prozorro.Sales: how auctions in 2024 attracted almost 20 billion hryvnias

Online auctions held through the Prozorro.Sales system in 2024 provided a record 19.7 billion hryvnias in revenue. In total, the organizers held more than 24 thousand successful auctions, demonstrating the effectiveness of transparent procedures in attracting funds to the state budget.

According to the Ministry of Economy, the average value of public assets during auctions increased by more than 1.5 times due to high competition among participants. The most significant contribution was made by privatization auctions, which brought almost 10.5 billion hryvnias to budgets of various levels.

In particular, the large-scale privatization launched last year provided new owners for such iconic facilities as the Ukraina Hotel, the United Mining and Chemical Company, and the Aerok plant. As noted by First Deputy Prime Minister and Minister of Economy Yulia Svyrydenko, these assets have been given the opportunity to transform and attract investment. “Thanks to competition during auctions, the state sells assets at market prices, which ensures maximum revenue to the budget,” she emphasized.

A significant contribution to the total amount of revenue was also made by auctions in the bankruptcy procedure, which brought in over 2.6 billion hryvnias. This area is becoming increasingly important, as it allows raising funds through the sale of property of enterprises that have ceased their activities.

Among other significant markets, land auctions and the sale of special permits for the use of subsoil resources stand out. Land auctions added over 2.1 billion hryvnias to the budget, and subsoil brought another 1.6 billion. These areas confirm the importance of effective resource management for sustainable economic development.

Online auctions through Prozorro.Sales have become an important tool for transparent privatization and sale of state property. They not only contribute to filling the budget, but also create new opportunities for investment and development of the Ukrainian economy. In 2025, this practice will continue, attracting even more participants and increasing financial support for the country.