Here is a summary of the article:
**Ukrainian SOE Weekly Issue 155**
The State Property Fund of Ukraine (SPFU) has successfully privatized the Ukrainian Mining and Chemical Combine (UMCC), generating Hr 3.9 billion ($90 million). This sale exceeded the SPFU’s annual privatization revenue target for 2024 by more than 2.3 times.
**Background**
As reported in previous issues of Ukrainian SOE Weekly, UMCC was previously planned to be one of the first large companies to be privatized. However, due to delays and changes in plans, it was bundled with Demurinsky Mining and Processing Plant, which is now being sold together.
**Sale Details**
The sale of UMCC increased privatization proceeds to Hr 9.26 billion ($222 million), exceeding the annual target for 2024 by over 2.3 times. The buyers also agreed to pay off accounts payable owed by UMCC in the amount of Hr 1.597 billion ($38 million).
**Privatization Revenue**
This sale, combined with the previous successful auction of Hotel Ukraina, has generated more revenue than all small-scale privatizations since the beginning of this year.
**Upcoming Auctions**
The SPFU plans to hold another large-scale privatization auction by the end of 2024. An auction for AEROC, seized from a sanctioned Russian oligarch, is scheduled for Dec. 19 with a starting price of Hr 965 million ($23 million).
This issue also mentions other recent developments and sales, including the sale of Odesa Portside Plant (OPZ) and the National Anti-Corruption Bureau‘s (NABU) investigation into embezzlement allegations against the SPFU’s former head.
**Sources**
The article cites previous issues of Ukrainian SOE Weekly for more detail on these events.