CE "Ukrainian Energy Exchange", on February 19, 2020, on the trading system SE "LIATS" held an additional electronic auction on the sale of untreated timber, logging in the first quarter of 2020 by Forestry Kyiv regional and Kyiv Foresty and Hunting Department.

"We have seen an increase in buyers’ interest in participating in additional auctions, which was to some extent influenced by changes in legislation, namely the abolition of direct contracts. I think that this will give a positive impetus to the establishment of the market, to open competition and the market prices formation. Also, it should be noted that some of the untreated timber has already started to be sold through the electronic system Prozorro.Sales by Foresty and Hunting Department. I think that the availability of an alternative way to purchase forest materials significantly stimulates market development, because healthy competition expands the opportunities of the industry and guarantees that logging companies will receive a fair award," - said CEO of CE "Ukrainian Energy Exchange" Kovalenko Oleksandr.