The National Agency of Ukraine for Finding, Tracing and Management of Assets (ARMA) has successfully sold a seized asset — over 1.48 tonnes of glessite, as well as stones that differ in their chemical properties from succinite (0.673 kg).

The sale was conducted through the Prozorro.Sale electronic trading system. The auction was organised by LLC “Tender Online”, a specialised sales entity selected through an open competition held by ARMA.

Three bidders participated in the transparent electronic auction, competing for the asset on a competitive basis. As a result, the assets were sold for UAH 1,700,000.13, which is almost three times higher than the starting auction price of UAH 625,000.00 (excluding VAT).

The proceeds from the sale will be added to ARMA’s deposit portfolio and directed to support Ukraine’s Defence Forces.

ARMA consistently demonstrates that transparent management of seized assets is a real tool for strengthening the state in times of war.