Tower Group LLC, the beneficiary of which is businessman and politician Vadym Stolar, has purchased the only property complex of the state motor transport enterprise Avtomekhbaza in Kyiv at a privatization auction.
According to information on the Prozorro website, Tower Group offered UAH 80.5 million for the asset at a starting price of UAH 31.9 million (excluding VAT).
The lot includes administrative premises and garages with a total area of about 1.7 thousand square meters, as well as a fleet of cars.
The company’s debt to the budget for the first quarter of 2024 is UAH 528.1 thousand, according to the State Property Fund.
According to Opendatabot, the owners of Tower Group are Genesis (89%) and Phoenix (11%), with Stolar listed as the ultimate beneficiary.
