KYIV, Dec 5 – The first joint-stock companies (JSC) fully owned by the state, including Ukrposhta, Ukrzaliznytsia and the United Mining and Chemical Company (UMCC), began selling their assets under new rules through online auctions on the Prozorro. Sales platform, the Ministry of Economy has reported.

"The sale of assets of state-owned joint-stock companies through transparent online auctions is a logical step towards increasing the efficiency of management of public assets," the ministry quoted First Deputy Prime Minister, Minister of Economy Yulia Svyrydenko on its Telegram channel.