Transparent Sale of Public Assets in Ukraine

Three years ago, no one knew how many vacant square meters of public property existed or how to lease them without bribes. Today, an electronic trading system Prozorro.Sale contains information about every asset available for rent and a clear way to bid online. More than 10,000 auctions have been held, generating revenues of more than 37 million USD per year to budgets. It turned abandoned assets into productive ones, opening business access to investment opportunities and allowing civil society organisations to monitor the integrity of the transactions, thereby earning more trust in the privatization process.