Big privatization: Sumykhimprom stake to be sold at auction

The auction on privatization of the state block of shares in the amount of 99.9952% of the authorized capital of PJSC "Sumykhimprom" has been announced.
Illustrative photo / depositphotos.com
Illustrative photo / depositphotos.com

The State Property Fund of Ukraine has announced an online auction on privatization of the state block of shares in the amount of 99.9952% of the authorized capital of the public joint-stock company Sumykhimprom in Sumy. This was reported by the press service of FGIU, reported Dengi.ua .

The auction will be held on June 11 in the system "Prozorro.Sales", and applications for participation are accepted until June 10.

There are 1,738,665,246 common registered shares for sale. The starting price of the lot is UAH 1,158,050,202 (excluding VAT).

SUMYKHIMPROM specializes in the production of fertilizers and nitrogen compounds. The object includes 64 units of real estate and infrastructure with the total area of 462 256,7 sq. m. It is located on 44 state-owned land plots with a total area of over 637 hectares.

Part of the property with a total area of 5,892.8 square meters is leased under 17 valid agreements. At the same time, the company owns property that is not included in the authorized capital and is not subject to privatization.

PJSC "Sumykhimprom" is one of the key objects of large privatization, which is under the management of the State Property Fund, the press service added.



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