Ukraine's Ministry of Justice has presented a mobile application for participation in the System of Electronic Trading in Seized Property (SETAM), while in 2016 the system brought more than UAH 200 million to the national budget.

"Today, we'll present you a mobile application for mobile phones, in which you can through your gadget to start trading in the SETAM system, bid on a particular lot and take part in a tender on a particular lot," Justice Minister Pavlo Petrenko said at a press conference in Kyiv.

According to him, SETAM state company developed the application together with volunteers.

"We have concrete results in the form of revenues to the national budget, only for this year our system has brought more than UAH 200 million to the budget," Petrenko said.