Part of Shell’s petrol stations is transferred to state management
The State Property Fund of Ukraine has acquired 49% of the authorised capital of Alliance Holding, which operates the Shell petrol station chain in Ukraine. The SPFU announced this in a post on Facebook.
According to the information, at the end of October 2024, a 49% stake was officially transferred to the state based on a decision of the High Anti-Corruption Court. Previously, this share was owned by Russian citizen Eduard Khudainatov, who was sanctioned after the outbreak of a full-scale conflict.
The State Property Fund has already started preparations for the privatisation of the nationalised 49% stake in the Shell network through the Prozorro.Sale electronic platform. The proceeds from the sale of the sanctioned assets will be transferred to the state budget and used for the Fund for the Liquidation of the Consequences of Military Aggression.
In addition, the SPFU is actively working on preparations for the sale of the Alliance-Ukraine oil company, which is estimated to be worth approximately UAH 450 million.