By KYIV. Jan 10 (Interfax-Ukraine) – The State Property Fund of Ukraine (SPF) plans to sell at an online auction on January 27 a single property complex of the state-owned enterprise Vashkivtsi distillery (Chernivtsi region), the asset is offered to buyers at a starting price of UAH 3.85 million.
According to the website of the State Property Fund, the plant consists of buildings and structures with a total area of 13,100 square meters located on a plot of 6.17 hectares in Vashkivtsi. The asset includes production and administrative buildings, a mill, a yeast fermentation department, a Play cafe, a malt house, a potato storehouse, an electrical substation, a blending shop, a water treatment plant, warehouses, granaries, an unfinished frozen food shop and other buildings. Its fleet also includes 12 cars and trucks.
The distillery is equipped with the necessary technological equipment and communications.
The total accounts payable of the distillery as of September 2022 is UAH 10.512 million, which the buyer of the enterprise will also have to pay.
According to the State Property Fund, the distillery’s revenue in 2019 amounted to UAH 572,000, in 2020 – UAH 1.12 million, in 2021 – UAH 1.23 million, and for the nine months of 2022 – UAH 234,000.
As reported, in September-December 2022, the State Property Fund held 12 auctions for the sale of distilleries. The winning bidders offered more than UAH 849 million for these properties, which is three times more than their total starting price. Thus, distilleries have become one of the most popular areas for investment in state property in 2022.
