The State Property Fund of Ukraine (SPFU) has put up for privatization the Shabalynivka distillery in Chernihiv region.
“This facility is a promising brownfield waiting for an investor to restore it. The privatization of the plant opens up opportunities for the development of an industrial site with existing infrastructure,” said Vitaliy Koval, head of the SPF, on Telegram.
According to the report, the plant is located in the village of Ivanivka, Nizhyn district, near the lake and the M-02 and T-2523 highways.
The single property complex includes 51 real estate objects (12,312 thousand square meters), two land plots with an area of 56.46 hectares, three cars and 250 movable property items (equipment, furniture, etc.).
The new owner is obliged to pay off the company’s existing wage arrears of UAH 552 thousand and UAH 21.17 million to the budget. The terms of the sale include the preservation of jobs for six months.
The starting price of the lot is UAH 959.1 thousand (excluding VAT).
The online auction will take place on May 16 in the Prozorro.Sale system. Bids will be accepted until May 15 inclusive.
“The privatization of Shabalynivka Distillery is a chance for investors to realize their business ideas on the basis of existing production facilities and infrastructure. The new owner will be able to diversify its activities and create added value,” said the SPF chairman.
According to the Fund, distilleries are one of the most popular small-scale privatization assets. Since September 2022, the SPF has sold 14 distilleries and raised UAH 965 million to the state budget, with the average price of each object at auction tripling.
The SPF planned to fully complete the privatization of the alcohol industry in 2023, for which it was planned to hold online auctions for the sale of 26 distilleries across the country. However, a number of them did not take place.
