KYIV. Aug 30 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) has sold 33.3% of shares in private joint-stock company Ukrainian-Kazakh-Russian JV Enterprise for Nuclear Fuel Production (Kyiv) at an open auction for UAH 47.8 million, which is 51.9 times more than the starting price, to Wise Trade LLC (Kyiv).
An Interfax-Ukraine correspondent has reported that the starting price of the stake was UAH 921,000. The bid increment was UAH 92,100.
Five bidders took part in the auction, and only two bidders increased their bids during the auction.
Deputy SPF Head Yuriy Nikitin told Interfax-Ukraine that he is satisfied with the results of the auction. Over 500 bid increments were made at the auction.
He said that the results of the auction and the number of bidders who took part in it confirm that the SPF organizes open and transparent auctions, and both Ukrainian and foreign companies can take part in them.
Nikitin expressed hope that Wise Trade will soon send the funds for the purchase of 33.3% of shares in the company.
Andriy Karimov fully owns Wise Trade LLC with the charter capital of UAH 229,565.
The JV was established in late 2001 with the aim of developing cooperation between nuclear power enterprises in Ukraine, Kazakhstan and the Russian Federation. Its shareholders in equal shares are the State Property Fund of Ukraine, Kazatomprom and TVEL.
