The State Property Fund of Ukraine (SPF) on November 27, 2020 announced the holding of auctions for the privatization of Vyshniakivsky (Poltava region, alcoholic drinks production), Tkhorivsky (Kyiv region), Kobylovolotsky (Ternopil region) and Velykoliubynsky (Lviv region) distilleries of the state-owned enterprise Ukrspyrt.
According to the press service of the State Property Fund, the online auction for the privatization of Vyshniakivsky distillery will take place on December 21, the starting price is UAH 9.88 million; Tkhorivsky distillery – December 22, the starting price is UAH 22.46 million, Kobylovolotsky distillery – December 23, the starting price is UAH 25.95 million, Velykoliubynsky distillery – December 24, the starting price is UAH 29.97 million.
As reported, President of Ukraine Volodymyr Zelensky on December 11, 2019 signed a law on abolishing state monopoly on alcohol production from July 1, 2020, adopted by the Verkhovna Rada on December 3, 2019.
The debut auction for the privatization of the first object of the state-owned enterprise Ukrspyrt, Nemyriv distillery (Vinnytsia region), was held on October 15. The plant was sold to LVN Limited LLC, the shareholders of Nemiroff for UAH 55.08 million, which is UAH 5 million higher than the starting price. The winning company was the only one to apply to participate in the auction.
On the whole, starting from October 15, eight Ukrspyrt’s plants have been successfully privatized at online auctions. Two auctions did not take place. As for the distilleries, they will be put up for re-bidding with a reduction in the starting price.
The SPF expects to attract about UAH 2 billion from the privatization of distilleries of the state-owned enterprise Ukrspyrt and the concern Ukrspyrt.
