Business news from Ukraine

Business news from Ukraine

Knauf to buy plot of land in Kyiv

6 July , 2024  

The Kyiv City Council has decided to sell a 0.33-hectare land plot at 8 Harmatna Street in the Solomianskyi district of the capital to Knauf Gypsum Kyiv LLC for the operation and maintenance of the company’s transport shop.

The corresponding draft decision was supported by 77 deputies at the meeting on July 4.

As stated in the draft decision, Knauf Gypsum Kyiv has already paid an advance of UAH 1.4 million under the agreement of August 14, 2023.

At the same time, the balance of the price is UAH 11.9 million, which the company must pay within 10 days after the notarization of the sale and purchase agreement.

According to Opendatabot, Knauf Gypsum Kyiv LLC is owned by the German company Knauf International GmbH (100%).

Knauf is a leading global manufacturer of gypsum and building materials. In Ukraine, the company is represented by two plants for the production of gypsum boards.

As reported, in November 2023, the National Agency for the Prevention of Corruption (NAPC) included German Knauf in the list of international sponsors of war, which has now been canceled.