The State Property Fund of Ukraine has announced an auction for the privatization of the “Nepolokivtsi Grain Processing Plant,” located in the Chernivtsi region, to be held on October 30. The total starting price for this asset exceeds 215.7 million UAH.
This is reported by Finway
Facilities and Assets of the Enterprise
The complex of the enterprise occupies two plots of land with areas of 18.6 and 1.3 hectares. Its main specialization is the production of flour and grain processing products. The plant’s infrastructure includes a mill, an elevator, a production building, various types of warehouses, a self-unloading truck, a bakery, a carpentry workshop, its own boiler house, and other facilities. The enterprise also has about 20 units of vehicles and specialized equipment.
“The main activity is the production of flour and grain processing products. The complex includes several dozen immovable assets, among which are: a mill, an elevator, a production building, a self-unloading truck, warehouses of various purposes, and more.”
Results and Plans for Privatization by the State Property Fund
Last week, the State Property Fund contributed 164.13 million UAH to the state budget through four successful privatization auctions. High competition among participants led to an increase in starting prices by 166%. The largest increase was demonstrated by a group of non-residential premises in Kyiv, whose price rose from 694,900 UAH to 125 million UAH.
This week, the State Property Fund plans to hold as many as 38 privatization auctions. Among the objects being put up for sale are the state share package of “Naftokhimik Prykarpattia,” “Ukrnaftoprodukt,” as well as the sole property complex of the design institute “Ukrmetrotunnelproekt.”