Privatization of the Vyshniaky Operating Location and Alcohol Storage: 3 participants competed for ownership at the open auction and increased the price 3.9 times

On May 21, the privatization of the separate property of the Vyshniaky Operating Location and Alcohol Storage of SOE “UKRSPYRT” (alcohol production) was auctioned online, with the result that the state budget should receive UAH 83.6 million.

3 participants competed for ownership at the open auction and increased the price 3.9 times, from the starting UAH 21,176,878 to UAH 83,600,000.

The asset is located in Vyshniaky village, Khorolskyi district, Poltava region and in Khorol town. The enterprise has all necessary tools to product alcohol.

The winner of the auction must sign a protocol on the results of the auction, conduct a sale contract and make a payment, after that the process of privatization of the object will be formally completed.

If the winner of the auction refuses to sign the protocol, the guarantee fee paid by him in the amount of UAH 2,117,687 will be transferred to the state budget, and the right to sign the protocol and conclude the contract will pass to the participant who took the second place.

If the participant who took the second place refuses to buy, the object will be put up for auction again as soon as possible (without changing the starting price).

In general, according to the results of 2020-2021, the state budget should receive about UAH 1.5 billion from the privatization of alcohol assets, and the most important thing is that the formation of a new alcohol market has begun.

More about the privatization of the alcohol industry and upcoming auctions: https://bit.ly/3uWLWLA