KYIV, Oct 27 – Ukraine’s State Property Fund (SPF) sold First Kyiv Machine-Building Plant, formerly known as Bilshovyk, which has massive property in the capital of Kyiv, for UAH 1.429 billion at an auction on Wednesday.

The auction, which lasted about 10 minutes, was held in one round, during which participant 3 offered a price of UAH 1.409 billion, and participant 1, which was General Commerce LLC, offered UAH 1.429 billion.