Sumykhimprom estimated at almost UAH 250 mln for privatization

16:58, 10.01.2018 1 min read

 The cost of a 99.995% stake in PJSC Sumykhimprom for sale at a tender with an open price bid is estimated at UAH 248.85 million, Acting Head of the State Property Fund (SPF) Vitaliy Trubarov has said.

"Now the fund is working on the terms of privatization of the shares, and I hope that this year the enterprise will find an effective owner," he wrote on his Facebook page.

The fund determined the joint Ukrainian-Hungarian venture Uvecon, which offered UAH 117,000 for its services, as the winner of the tender for the evaluation of this package on October 9 last year.

The announcement of the tender to sell Sumykhimprom in the sales schedule for 2018 is scheduled for February.

Sumykhimprom specializes in production of titanium dioxide, sulfuric acid, yellow and red iron oxide pigments, complex mineral fertilizers and coagulant for water purification.