About past, present and future of Ukraine

Search mobile

Main Business State-owned wine producer Odesavynprom on sale by auction

Business

State-owned wine producer Odesavynprom on sale by auction

391
State-owned wine producer Odesavynprom on sale by auction

Share this article


The State Property Fund of Ukraine is set to sell the government-run Odesavynprom wine production company, with the auction scheduled for September 14, at a starting price of UAH 65.3 million (US$2.45 million).


This was announced by the press service of the Ministry of Economy of Ukraine.

The Odesavynprom property complex has been put up for privatization auction on September 14. The starting price of the asset is UAH 65.3 million.

The winner of the transparent bidding will receive ownership, including production buildings, warehouses for manufactured products, and cellars for wine processing and storage. The real estate property of the enterprise with a total area of ​​over 22,000 square meters is located in Odessa’s Frantsuzskyi Boulevard, Nalivna, and Otamana Holovatoho Streets.

As of today, Odesavynprom's facilities are being leased by a private company.

As reported earlier, in 2020-2021, the state budget is expected to receive about UAH 1.5 billion (over $56 million) from the sale of liquor and wine-producing companies.


The Odessa Journal
more articles

Top article

The Ministry of Defense has signed a contract for the construction of a service center for repairing drones in Ukraine
War

The Ministry of Defense has signed a contract ...

Dmytro Kuleba: Ukraine and Croatia have agreed to use Croatian ports for exporting Ukrainian grain
Business

Dmytro Kuleba: Ukraine and Croatia have agree ...

New sanctions: Defence industry, political parties and individuals linked to oligarchs
Business

New sanctions: Defence industry, political pa ...

Volodymyr Zelensky: We are preparing for the next Ramstein meeting, we expect solidly grounded decisions to meet the prospects on the battlefield
War

Volodymyr Zelensky: We are preparing for the ...