Business news from Ukraine

BUSINESS INITIATIVES BUYS KOZLIV DISTILLERY AT AUCTION FOR UAH 59 MLN

16 November , 2020  

Kozliv distillery (Ternopil region) of the state-owned enterprise Ukrspyrt at an online auction on Friday, November 13, was acquired by Business Initiatives LLC (Kyiv) for UAH 59 million.
According to the information on the website ProZorro.Sales, the starting price of the distillery was UAH 37.57 million. The facility was put up for auction for the first time. Two companies took part in the auction.
The daily production capacity of the enterprise is 4,200 decaliters of alcohol. It was founded in 1772, and modernized in 2020. Production at the distillery is temporarily suspended.
According to the unified public register of legal entities and private entrepreneurs, Tetiana Maksymova is the ultimate beneficiary of Business Initiatives LLC. The company is engaged in consulting on informatization issues.

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