The State Property Fund of Ukraine (SPFU) has announced a privatization auction for the sale of the integral property complex of the State Enterprise Belgorod-Dniester Commercial Sea Port (SCP) on March 21 at a starting price of UAH 183.9 million, the press service of the agency reports.
Last year, the Fund tried several times to sell this property: first, it put it up for sale on March 3 for UAH 187.57 million, then lowered the starting price to UAH 93.78 million, the auction was won by Ukrdoninvest LLC of businessman Vitaly Kropachev, but it then refused to buy at the stage of agreeing on the terms of the sale agreement, and further attempts to sell it in June with a price reduction to UAH 92.46 million failed due to the lack of bids.
Bilhorod-Dnistrovskyi ICC is an international universal transportation hub specializing in transshipment of timber, bulk, construction and grain cargoes, as well as iron ore pellets and metal products. Transshipment is carried out both by land and sea vessels and in the opposite direction.
According to the report, the asset is located on a territory of 64.4 hectares. It consists of 59 hectares of the main production area of the port of Bilhorod-Dnistrovskyi and 5.4 hectares of the Buhaz port point located in the village of Zatoka. The total area of buildings is 31.3 thousand square meters.
Ships call at the port through the 1.5 km long approach channel of the offshore part of the Dniester-Tsarhorod estuary and the 14.5 km long Dniester-Liman part. The depth of the approach channel is 3.0 m (3.5-4.5 m according to the passport).
The port has its own railroad tracks, as well as engineering networks: water supply, heating, 0.4 kW cable lines and 10 kW high-voltage lines.
According to the SPF, the auction terms require the buyer to pay off wage and budget arrears. As of September 30, 2023, this total debt amounted to UAH 105.5 million. The buyer also has to pay VAT in the amount of 20% of the final value of the property.
If the auction is successful, the Bilhorod-Dnistrovskyi ICC will become the second major port infrastructure facility to be sold on the Prozorro platform since the beginning of the full-scale Russian invasion.
As reported earlier, the SPF sold the integral property complex of the Ust-Dunay port for UAH 200 million on the Prozorro electronic platform. During the auction, its price tripled. The winner was Elixir Ukraine LLC.
