On November 11, 2026, PrivatBank announced the sale of part of the 'Bukovel' resort for 3.6 billion UAH. The auction is scheduled for November 26, where two lots featuring significant real estate and infrastructure of the resort will be presented.
Details of the Asset Sale
The property put up for sale is divided into two lots:
- First lot: starting price of 1.6 billion UAH, includes 34 land plots covering nearly 101 hectares.
- Second lot: starting price of nearly 2 billion UAH, includes 14 cable cars, the Radisson hotel complex, a dormitory, and commercial premises.
Reasons for the Sale
PrivatBank acquired these assets due to unpaid loans issued prior to its nationalization. This decision is part of the bank's strategy to optimize its assets and improve its financial standing.