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Radekhiv, Lviv region), Trostianets (Trostianets and the village of Severynivka, Vinnytsia region) and Uladivka factories (the village of Uladivka, Vinnytsia region).
As reported, on December 11, 2019, President of Ukraine Volodymyr Zelenskiy signed a law abolishing state monopoly in the alcohol production from July 1, 2020, which was adopted by the Verkhovna Rada on December 3, 2019.
Odessa winery was privatized for UAH 235 mln. The winner of the auction Odesavinprom plant paid UAH 235 mln ($8.7 mln), announced the State Property Fund. Under the terms of privatization, the new owner must ensure the preservation of the core business of grape wine production for three years, during which time he must also fulfill social guarantees for employees. The privatization auction took place on September 14, with a starting price of UAH 65.3 mln ($2.4 mln).
Vuzliv distillery will be privatized with a starting price of UAH21mn ($0.8mn). The State Property Fund (SPFU) has announced an auction for the privatization of the Vuzlivsky complex which includes manufacturing facilities and alcohol storage, located in the Lviv region. The auction is scheduled for December 8, and the successful bidder will have ownership of carbon dioxide and enzyme shops, the main building, an alcohol basement, a depot, a power substation, and other real estate assets with a total area of 12,000 square meters. In addition, the facilities of Vuzlivsky, the enterprise owns land plots with an area of 12.7 hectares.
The State Property Fund (SPF) will put a diamond processing plant up for auction for the second time. The Vinnytsia Crystal Plant will be auctioned on December 17, announced the Prozorro.Sales website. The starting price is UAH89.9mn ($3.4mn).
The Kovel Educational Colony will be auctioned on December 7 with a starting price of UAH41mn. The State Property Fund (SPFU) will privatize the Kovel educational colony, which is located in the Volyn region. The asset includes 26 real estate assets, buildings with a total of 19,476 square meters. In addition to two land plots, which are 4.86 hectares. 70% of the proceeds from privatization will go to the construction of new and renovation of existing penal institutions and the remainder to the state budget, announced SPFU.
The Antimonopoly Committee says it is not approving the results of last month’s privatization auction of Kyiv’s ‘Bolshivik’ Machine Building Plant on Peremoha Ave. The auction drew criticism because the winners, investors linked to Vasyl Khmelnytsky, had bought in advance five non-contiguous workshops around the 35-hectare site, the Kyiv Post reported. Knowledge of these legal landmines caused most investors to drop out before the auction. The winning bid was for $54mn, only 3% above the opening price. Although larger privatizations are planned for coming months, this was the largest to date this year.
Dmytro Sennychenko, head of the State Property Fund, told reporters on November 18 morning that he has resigned after two years on the job. He said his resignation has nothing to do with the controversial privatization on October 27 of the ‘Bolshivik’ Machine building plant. “The preparation and sale of the Bolshivik plant were carried out at the highest level of information disclosure and marketing,” said Sennychenko, one of the rare survivors in the
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