Working and producing bioethanol: a distillery is up for sale
25 April 10:56
“The Zarubinsky Alcohol Plant, which operates and specializes in the production of basic organic chemicals, is waiting for its owner. The State Property Fund has announced its readiness to privatize the enterprise, reports
The Fund pays special attention to the fact that the plant is operating. The volume of sales for the period 2022-2024 amounted to UAH 1,290,455.0 thousand, including exports – UAH 21,409.3 thousand. The main product range is ethyl alcohol and other denatured alcohols of any concentration, including those used as fuel or as a component for fuel production (bioethanol, etc.).
What is up for sale
The total area of the privatization object is 27,256.9 m². The object includes real estate and infrastructure (49 units), 27 units of vehicles and special equipment. The company also owns 637 items of movable property.
The buildings and structures included in the property complex are located on 4 land plots with a total area of 23.5952 hectares.
The company’s balance sheet also includes 4 objects that are not subject to privatization (3 residential buildings and gasification of Oprylivtsi village).
The company is located in the Ternopil region, Zbarazh district, in the village of Zarubyntsi. More information about the object can be found at the link.
The starting price is UAH 162,178,259.39 excluding VAT.
The date of the online auction is May 1.
Applications for participation in the auction can be submitted via the link until April 30, 20:00.
Two weeks ago, the State Property Fund successfully held an online auction for the privatization of the Unified Property Complex of the state enterprise Zhytomyr Distillery.
There were 2 bidders for the Zhytomyr distillery. The starting price of the lot was UAH 101.1 million, and the final price was UAH 137.5 million. That is, the price increased by 1.36 times.
How privatization objects were purchased in the first three months of the year
In the first quarter, the State Property Fund’s team successfully held 130 privatization auctions of small-scale privatization objects, which is 13.8% more than in the same period last year.
As of March 31, 2025, proceeds from the privatization of state property amounted to UAH 205.72 million.
The largest privatization objects:
– EMC of the State Enterprise “Information and Analytical Agency”. The starting price was UAH 16,837,264, and the final price was UAH 41,700,000;
– SE “Cherkasy Research and Design Institute of Land Management”. The starting price is UAH 7,668,940, the final price is UAH 9,000,697;
– State Enterprise “Agricultural Enterprise “Land Fund”. The starting price is UAH 7,944,943, the final price is UAH 33,200,100.
UAH 1,890 million from the privatization of the nationalized asset of the state share in the authorized capital of Aeroc LLC was also transferred to the fund for liquidation of the consequences of armed aggression.
Privatization tasks for the second quarter
The State Property Fund plans to put up 168 small-scale privatization objects for online auctions for a total of UAH 749.1 million.
Two large-scale privatization objects will also be put up for sale:
– A state-owned stake of 99.9952% of the authorized capital of the public joint-stock company Sumykhimprom;
– 100% of the authorized capital of the state joint-stock company Ukrbud Construction Company.
As you know, the Government has already approved the price and terms of privatization of Ukrbud and Sumykhimprom. It has been determined that the stake in the State Joint Stock Company “Construction Company “Ukrbud” will be put up for privatization with a starting price of UAH 262,646,000, and the starting price of the stake in the public joint stock company “Sumykhimprom” will be UAH 1,158,050,202.
