ARMA put up for sale the arrested russian ammonia

The Agency for Search and Asset Management (ARMA) has put up for auction another batch of seized russian ammonia in the amount of 9.7 thousand tons.

Acceptance of applications from bidders began at 9:00 a.m. on March 3, and will continue until 9:00 a.m. on March 14, according to the ARMA website.

The Agency has already sold over 32,000 tons of seized ammonia of russian origin at open auctions for a total amount of over UAH 1.1 billion.

With the funds received from the sale, the National Agency buys military bonds, ensuring the financing of the state’s defense needs in the conditions of the war with russian federation.

Currently, the seized asset is stored on the territory of the Odesa Port Plant.