Business news from Ukraine

Business news from Ukraine

FGI again puts up for sale state-owned block of shares of JSC Institute of Titanium (Zaporizhzhya)

30 October , 2024  

The State Property Fund (SPF) of Ukraine on November 7 this year will again put up for online auction with conditions the state block of shares of JSC “Institute of Titanium” (Zaporozhye) in the amount of 100% of the authorized capital. According to information in the system prozorro.sale, the announcement of the three-round English auction is dated October 29.

The starting price of the mentioned block of shares has been reduced from UAH 97.651 mln (excluding VAT) to UAH 48 mln 825.5 thousand (excluding VAT).

At the same time, the auction scheduled for October 30 was not held.

As it was reported, the Federal State Property Management Committee has previously conducted the sale of the company at auctions, which did not take place.

The main activity of the Institute of Titanium, according to its charter, is research and experimental development in the field of natural and technical sciences.

The authorized capital of the company is UAH 75.311 mln.

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