30 Aug 2022 13:40

Ukraine's State Property Fund resumes privatization, puts 2 distilleries up for sale

MOSCOW. Aug 30 (Interfax) - The first two facilities for which privatization auctions have been announced in Ukraine since the end of February are the Marylivka and Kobylovoloky distilleries of the Ukrspyrt state-owed enterprise in Ternopil region, the State Property Fund (SPF) reported on Monday evening.

The auction for the Kobylovoloky distillery will be held on September 19 with a starting price of UAH 25.2 million, and for the Marylivka plant on September 20 at a starting price of UAH 54.3 million, the SPF said.

In total, September is expected to see eight privatization auctions for ready alcohol assets, as well as for about 150 other facilities, ranging from movable and immovable property to non-operating plants, which will be put up for auction before the end of 2022.