Business news from Ukraine

ANTIMONOPOLY COMMITTEE OF UKRAINE PERMITS CERAMIC TECHNOLOGIES TO BUY BRICK PLANT FROM CZECH BANK

14 December , 2018  

The Antimonopoly Committee of Ukraine has permitted Ukrainian Ceramic Technologies LLC (Khmelnytsky) to buy a brick plat from Czech Export Bank (CEB, Prague). As the press service of the regulator reported on Thursday, the company received permission to buy a complex of buildings of the brick factory with equipment and a land parcel, which provides for the production and sale of ceramic bricks of various types.
As reported, early October 2018, a brick factory in the village of Kuzmyntsi (Kaharlyk district, Kyiv region), put up for sale by the Czech Export Bank, was sold for UAH 170 million – a record amount at the OpenMarket electronic trading platform of the state-owned enterprise SETAM. According to the documentation provided in the announcement, the lot included a complex of buildings of the brick factory with a total area of 15,900 square meters, land area of 3 hectares, and equipment.
Kuzmyntsi brick factory, which began operating in 2002, was declared bankrupt in April 2016.

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