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+UAH 23.5 million to the state budget: ARMA sells seized russian metal at repeated auction

18-08-2025

A repeated auction was held on the Prozorro.Sale electronic platform for the sale of seized material assets — steel bars and rolled ferrous metal products stored in railway wagons and loaded for transportation.

The asset was transferred to the Asset Recovery and Management Agency of Ukraine (ARMA) for disposal through sale, based on a ruling of the Shevchenkivskyi District Court of Kyiv.

As a result of the auction, the asset was sold by the private enterprise «Tender Online»  during the second round of bidding. The total sales amount reached UAH 23,558,792.36, including more than UAH 15.8 million in customs duties.

The proceeds from the sale of the seized property will be placed in ARMA’s deposit account and subsequently directed toward the purchase of government bonds (UGDB) to strengthen Ukraine’s defense capability.