On July 19, the State Property Fund (SPF) sold Okhtyrka Bread Products Plant in Sumy region for UAH 49.7 million at an auction, according to the Prozorro.Sale website. According to the report, Golovanivske Grain Receiving Enterprise LLC was the only bidder in the auction and purchased Okhtyrka CPP at the starting price.
The Okhtyrka elevator was part of the system of enterprises of the State Reserve Agency. It is engaged in flour production and employs 128 people. The company has systematically incurred losses: in 2023, they exceeded UAH 12.5 million on revenues of UAH 19 million, and in the first quarter of 2024, they amounted to UAH 4.6 million on revenues of UAH 2.9 million.
The amount of accumulated debt amounted to UAH 32.2 million. The future investor is obliged to pay off wage and budget debts within six months.
Golovanivske Grain Receiving Enterprise LLC was registered in 1998 in Kirovograd region. It specializes in warehousing, wholesale of grain, unprocessed tobacco, seeds and animal feed, dairy products, eggs, edible oils and fats. The authorized capital of the company is UAH 317.1 thousand.
The company was previously owned by Vinnytsia Industrial Company (ViOil Group). In the summer of 2023, the company was re-registered to Karina Nastenko, while the previous director, Valentyn Gorokhovsky, remained in charge.
