The State Property Fund of Ukraine (SPFU) has completed preparations for the privatization of Aerok LLC – the price and terms of sale of the asset have been determined. The head of the State Property Fund, Vitaliy Koval, reported this on Telegram.
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“965 million 325 thousand 520 UAH. “The starting price for the sale of 100% of the state share in Aerok LLC was determined today by the auction commission of the State Property Fund,” he said.
The key conditions for the sale of one of the key players in the aerated concrete products market have also been developed:
- maintaining the core business; paying off wages and budget arrears; preventing employee dismissal for 6 months; compliance with environmental legislation; fulfilling the current collective agreement and concluding a new one.
“These conditions are aimed at ensuring the stable operation of the enterprise, protecting the interests of employees and compliance with environmental standards by the new owner,” Koval noted.
Next stage
The next stage will be the submission of the sales conditions and starting price to the government for approval. After this, the State Property Fund will announce the date of the auction in the Prozorro.Sale system.
“Let me remind you that Aerok previously belonged to a sanctioned Russian oligarch. Therefore, funds from the privatization of such assets are directed to the fund for the elimination of the consequences of armed aggression,” the head of the Fund added.
