KIEV, Oct. 5 – A first display test auction to sell assets of insolvent banks was held on Tuesday as part of preparations for the launch of the pilot operation of the ProZorro.Sales system (http://www.prozorro.sale/).

The sponsor of designing the system was Western NIS Enterprise Fund. The project is being implemented on the principles of the ProZorro e-procurement system with support of the Economic Development and Trade Ministry, the Individuals Deposit Guarantee Fund, Transparency International Ukraine and the National Bank of Ukraine.