Business news from Ukraine

ANTIMONOPOLY COMMITTEE OF UKRAINE PERMITS CERAMIC TECHNOLOGIES TO BUY BRICK PLANT FROM CZECH BANK

The Antimonopoly Committee of Ukraine has permitted Ukrainian Ceramic Technologies LLC (Khmelnytsky) to buy a brick plat from Czech Export Bank (CEB, Prague). As the press service of the regulator reported on Thursday, the company received permission to buy a complex of buildings of the brick factory with equipment and a land parcel, which provides for the production and sale of ceramic bricks of various types.
As reported, early October 2018, a brick factory in the village of Kuzmyntsi (Kaharlyk district, Kyiv region), put up for sale by the Czech Export Bank, was sold for UAH 170 million – a record amount at the OpenMarket electronic trading platform of the state-owned enterprise SETAM. According to the documentation provided in the announcement, the lot included a complex of buildings of the brick factory with a total area of 15,900 square meters, land area of 3 hectares, and equipment.
Kuzmyntsi brick factory, which began operating in 2002, was declared bankrupt in April 2016.

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