The State Property Fund of Ukraine (SPFU) has put up the single property complex of the State Enterprise Zhytomyr Distillery (Zhytomyr) for privatization at auction via Prozorro.Sale at a starting price of UAH 101.1 million, the SPFU press service reports.
According to the report, the asset includes 147 units of real estate, 47 vehicles, 1457 units of equipment, furniture, inventory, etc. It is noted that in addition, the single property complex includes a separate subdivision of the Chudniv branch of the Zhytomyr Distillery (Chudniv), non-residential premises (Vilshanka village), a built-in premises (Korosten district, Olevsk), an artesian well (Korochenky village) and two shops (Zvyagel and Lyubar village). The total area of the asset is 24,320 square meters.
The state-owned enterprise has two valid licenses: for the production of alcoholic beverages valid until April 10, 2026, and for the right to wholesale alcoholic beverages, except cider and perry, which is valid until December 27, 2026.
As of December 31, 2024, the carrying value of assets amounted to UAH 101 million 90 thousand, accounts payable – UAH 161 million 196 thousand, including UAH 11 million 133 thousand in payroll and UAH 26 million 349 thousand to the budget. The company employs 205 people.
The company has a protection agreement for a local cultural heritage site. All of the company’s property has been seized, and it is not leased. Registration for the auction will last until April 10 at 20:00. The auction will take place on April 11.
