ARMA is looking for a manager for the Mozart Hotel in Odesa
ARMA has announced a competition to find a manager for the seized “Mozart” hotel and restaurant complex in Odesa. The hotel is located in the city’s historic center near the Odesa Opera House and is an architectural landmark dating back to 1870. According to the investigation, the actual owners of the asset were Russian citizens.
The Asset Recovery and Management Agency is seeking a company or entrepreneur capable of managing the “Mozart” hotel in Odesa. The competition was announced through the Prozorro system. The property in question is an operating hotel and restaurant complex in the very heart of the city. It is located next to the Odessa National Academic Opera and Ballet Theater. The building is designated as an architectural landmark and dates back to 1870. ARMA notes that the complex has significant tourism and investment potential.
What the Future Manager Must Do
ARMA is seeking a professional manager who can ensure the smooth operation of the hotel and restaurant. The manager is also expected to preserve the property’s economic value. Another important condition is that the hotel must generate revenue. A portion of the proceeds from its operations must go to the state budget.
In other words, the new manager’s task is not simply to oversee the building. They must ensure the operation of the entire complex, preserve its value, and generate revenue for the state. ARMA has published the details of the competition and the terms of participation on the Prozorro platform.
Why the hotel ended up under ARMA’s management
The Mozart Hotel was seized by court order and transferred to ARMA’s management. The agency notes that this occurred as part of criminal proceedings related to Russian business assets in Ukraine. According to the investigation, the actual owners of the hotel were citizens of the Russian Federation. Back in 2022, the Pechersky District Court of Kyiv transferred the hotel to ARMA’s management. Now, the agency has decided to hold a competition to find a professional manager who will be responsible for the complex’s ongoing operations.
ARMA explains that transferring seized assets to management is necessary to ensure they do not lose their value and can operate in the state’s best interests. In the case of “Mozart,” the goal is to maintain the operation of the existing hotel and restaurant complex and generate revenue from its activities. This was reported by ARMA’s press service.
ARMA has announced tenders to select managers for several seized assets. Among them is property belonging to Betonbud LLC, which, according to the agency, is linked to former People’s Deputy Viktor Medvedchuk. They are also seeking managers for seized railcars and flatcars.
