13 July 2025

Gas transportation system in Odesa region sold for three times less than planned

(Photo collage: Intent)

The gas supply systems owned by Yu-Gaz Limited Liability Company in Odesa were sold for UAH 36 million 318 thousand.

The relevant information is available in the Prozorro.Sale system.

Gas supply systems consisting of 66 items are located in Odesa region and Odesa and are owned by Odesagaz Joint Stock Company on the right of economic management. Access to the information about this object was limited, as under martial law such information is classified as restricted.

The buyer was Fintrust Capital Limited Liability Company. According to the YouControl service, the company was registered in 2024 in Kyiv. The ultimate beneficial owner is Alina Gudkova, a resident of Zhytomyr.

The starting price of the auction was UAH 125 million 234.9 thousand, but the new auction was held in the format of a hybrid Dutch auction.

A hybrid Dutch auction is a price reduction bidding, during which the initial value of a lot is reduced step by step until one of the participants stops the reduction. Then comes the stage of closed bids: other participants can offer a price higher than the fixed price. The winner is the one who offered the highest amount. However, the participant who stopped the decline in the first stage has the right of last resort and can outbid the opponent's maximum price in the third stage. The auction starts even without participants, as it is possible to join after the start. It is used to sell assets whose market value is difficult to determine: overdue loans, property of bankrupt banks, or in the case of unsuccessful English auctions.

This was a repeat auction, the first one did not take place due to the lack of bidders. At that time, the starting price was UAH 166 million 979.9 thousand.

Кирило Бойко

You may also like:

July 29, 2026

In Izmail, a contract worth one million was awarded to a company owned by a lawmaker for the renovation of a building

The director of the Odessa medical center for seafarers was removed from office for taking a bribe

July 28, 2026

After the auction failed, a winery in the Odesa region is being sold for half the price

A car exploded in Odesa for the second time that day

The enemy attacked a foreign vessel near the port of Odessa for the third time

In Odessa, a City Council member took over as head of the Filatov Institute

Searching by Last Name: Why It's Harder Than It Seems, and How to Avoid Mistakes Advertisement

The SBU detained two underage Russian agents: one was operating in Odesa

Environmentalists have addressed the question of whether the sea has been polluted following the sinking of a ship near Odesa

An auditor from the State Audit Service has been appointed the new head of Odessa's shelter agency

A City Hall official in Odesa will stand trial for causing more than half a million in budget losses

Military Helmets: Types, Materials, and Design Features Advertisement

An SUV exploded in the courtyard of a high-rise building in Odesa; the driver was injured

A ship carrying corn that sank near Odesa may pose a threat to the environment

Where Odessa Residents Escaped the Heat: The History of the Lustdorf Resort