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ARMA sells 40,000 liters of herbicides for almost 3 million UAH

30-09-2024

The Asset Recovery and Management Agency (ARMA) continues to sell seized assets. Thus, according to the results of the second auction for the sale of seized assets, about 40 thousand liters of herbicides were sold. Despite the challenging market, the auction attracted significant interest from bidders, which resulted in the highest price per lot.

The total proceeds from the sale amounted to 2,905,000 UAH up from the starting price of 1,459,949 UAH.

The funds will be used to strengthen the state's defense capabilities by purchasing government bonds. As a reminder, the amount of seized funds managed by the ARMA has already reached 10 billion UAH, of which almost 6 billion UAH has been allocated for the purchase of government bonds to support the Armed Forces of Ukraine.