Revenue from the sale of state property at auctions in the Vitebsk region exceeded Br14 billion in seven months.

September 19, Vitebsk / Diana Kurilo - BELTA /. The revenue from the sale of state property at auctions in the Vitebsk region for the first seven months amounted to over Br14 billion, the Vitebskoblimushchestvo fund informed a BELTA correspondent.

In January-July of the current year, the Vitebskoblimushchestvo fund, the Economic Court of the Vitebsk region, the Vitebsk Regional Marketing Center State Enterprise, and the Vitebsk Institute of Real Estate and Valuation State Enterprise announced 114 auctions, with over 400 properties put up for sale. 326 properties of state-owned enterprises, open joint-stock companies with a share of communal property, and regional consumer unions were involved in economic activities.

In August of the current year, the Vitebskoblimushchestvo fund sold 35 real estate properties at successful auctions for Br149 million, with 33 properties being offered at an initial sale price of one base unit each.

As noted by the fund, September began with successful trading. Three properties of regional communal ownership, managed by the Obil Ceramic Plant State Enterprise, located in Novopolotsk, were sold at prices exceeding the initial sale prices by 5.5 times, with a total sum of Br130.2 million. Another three properties of communal ownership in Orsha, managed by the Orsha Vodokanal State Enterprise, were sold using the method of reducing initial prices during the auction for a total sum of Br237 million. Unused real estate property, managed by the Vitebskenergo State Enterprise, located in the Vitebsk region, was sold at a price exceeding the initial sale price by 5% for a total sum of Br425 million. All funds from the sale of unused property were directed to the budget.-0-