A 16-story hotel building on Hundred Heavenly Heroes Alley in the capital has been sold in the first online auction of a major privatization, according to the statement.
Three buyers competed for the lot; the initial price increased significantly from 1.05 billion hryvnias. The sold complex includes a hotel with an area of almost 22.5 thousand m² with 365 rooms with a restaurant, business center, six conference rooms, as well as a security building, parking and outbuildings.
“Prozorro.Sales” indicated that the contract of sale will be signed only after full payment, for which the auction winner has 30 days.
According to the service, the hotel was acquired by Ola Fine LLC. Two competitors during the tender (OOO Alarit-Prom and OOO Zhytomyr Furniture Factory) offered a price of about UAH 1.5 billion and UAH 1.2 billion.
YouСontrol notes that Ola Fine is registered in kyiv with an authorized capital of UAH 768,000 and is engaged in information services and real estate rental. The beneficiary of the company, according to YouControl, is Maxim Krippa. In 2020, he already bought the Dnepr hotel on Khreshchatyk in kyiv, and in 2023, a rural entertainment complex in the elite village of Koncha-Zaspa near kyiv, writes Forbes Ukraine, both objects were at the disposal of government agencies.
Krippa, as Forbes Ukraine wrote, is the owner of the NAVI esports team, and at the end of November 2023, he became the owner of the STALKER game developer, the Ukrainian GSC Game World.
People’s Deputy Servant of the People, Deputy Chairman of the Economic Development Committee Oleksiy Movchan, noted on Facebook that according to the government’s conditions, the buyer must maintain the company’s core activity, pay off UAH 3.9 million in wage arrears to employees and UAH 10.8 million in debt to the budget, as well as settle overdue accounts payable (UAH 21 million). In addition, the buyer is obliged not to dismiss employees of the state-owned company providing services at the hotel for six months.
Context
The hotel complex “Ukraine” opened its doors in 1961; until 2001 it was called “Moscow”. It was subordinated to the State Administration of Affairs and since December 2021 it has been placed under the management of the Ministry of Infrastructure of Ukraine.
Following the start of the large-scale invasion of the Russian Federation in February 2022, major privatizations in Ukraine were suspended.. but in In June 2024, President Vladimir Zelensky signed a law on optimizing the structure of the State Property Fund, which provides for its renewal.
