Business news from Ukraine

Ukraine put up for sale two distilleries in Ternopil region

30 August , 2022  

The first two objects for which privatization auctions have been announced since the beginning of the war were the Marilovka and Kobylovolotsk distilleries of the Ukrspyrt State Enterprise in the Ternopil region, the State Property Fund reported on Monday evening.
According to it, auctions for the Kobylovolotsk plant will be held on September 19 with a starting price of UAH 25.2 million, for the Marilovka plant on September 20 at a starting price of UAH 54.3 million.
In total, in September it is planned to hold 8 auctions for the privatization of ready-made alcohol assets, as well as about 150 other objects – from movable and immovable property to non-operating plants, which will be put up before the end of 2022.
“Privatization auctions in September will be held according to new, improved procedures. Thanks to our joint work with people’s deputies and the government, colleagues from Prozorro. Sales, privatization will become an even more convenient tool for business development and will provide additional filling of the state budget in the conditions of martial law “, – the words of the acting are given in the message. head of the State Property Fund Olga Batova.
She recalled that due to legislative changes, the preparation and holding of auctions will take up to two months instead of six, payment will be made before the signing of the sale and purchase agreement to minimize risks, but new owners will receive all permits and licenses automatically.

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