ARMA sold over 340 tons of corn at 120% above the starting price

ARMA sold over 340 tons of corn at 120% above the starting price


The National Agency for Tracing and Asset Management (ARMA) successfully sold a batch of corn grain through the Prozorro.Sales system.

Over 340 tons of corn grain were sold for over UAH 1.6 million, which is 120% higher than the starting price of the lot (UAH 723,000), ARMA reported.

A significant increase in the price during the bidding indicates the high competitiveness of the auction and the efficiency of the asset sale procedure, the National Agency said. Three participants took part in the auction.

The funds received will replenish ARMA’s deposit portfolio and will be used, among other things, to purchase military bonds to support the Defense Forces of Ukraine.

Earlier, USM reported that ARMA put up two non-self-propelled cargo barges in the Prozorro system to find a manager.

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