From now on, Zhovtneviy Palats will have an administrator who will pay 99.9% ofits income to the State Budget of Ukraine. It will also pay a mandatory guaranteedmonthly payment of over 2 million UAH. For the first time in more than 30 years ofindependence, Zhovtneviy Palats, a historical and cultural asset, will work in thenational interest!
The competition for the management of this strategic asset on Prozorro has beencompleted. The winner was the company Kombinat Plus, which will receive the rightto manage the historical site with an area of 17,500 m².
The selected manager has successfully passed all law enforcement checks forinvolvement with the asset owner and ties to the russian federation. The company hasa reputation and experience in the market for organising cultural events.
Under the terms of the management agreement, Kombinat Plus will pay:
- 99.9% of its income to the state budget of Ukraine
- A mandatory guaranteed payment of over 2 million UAH per month to the statebudget
The end of the era of ‘shadow schemes’
Previously, profits from the use of this unique asset bypassed the state and wentdirectly to the owners. The owners of the asset are currently involved in criminalproceedings, and their assets have been seized.
This is an important step towards bringing order to the use of strategic objects ofnational importance.
Economic effect and preservation of cultural value
The economic effect of this decision for the state and society will be significant. Equally important is the fact that, under the terms of the agreement, the manager willbe obliged to preserve this facility and enhance its economic value and culturalsignificance.
ARMA will continue to protect state interests by implementing transparentmanagement mechanisms. The National Agency of Ukraine for Finding, Tracing andManagement of Assets Derived from Corruption and Other Crimes will inform thepublic about all further steps.
When the owners of the asset are subject to criminal proceedings and preventivemeasures, when the appointed managers of the FPU have suspicious ties to traitors tothe state, ARMA will stand on the side of truth, justice and the law.
The position of the winner of the competition for the selection of the manager can befound here.
