Capital authorities sold by auction 100% of "Ukraine" hotel share holdings for 7.9 milliards of rubles. New owner is public corporation "Biscuit". The winner must pay till December 10, 2005. Start price was 4.4 milliards of rubles, step of auction amounted to 44 millions of rubles. 7 organizations participated in auction. Each of them granted an advance in amount of 20% of start price (more than 800 millions of rubles).