December 26, 2024
The State Property Fund determined the starting price for the sale of the state-owned Sumikhimprom thumbnail
Economy

The State Property Fund determined the starting price for the sale of the state-owned Sumikhimprom

The auction commission determined the starting price of 99.9952% of the state package of shares of PJSC “Sumikhimprom” at the level of UAH 1.158 billion, and also developed the terms of privatization.”, — write: epravda.com.ua

The auction commission determined the starting price of the state package of shares of PJSC “Sumikhimprom”, which is 99.9952%, at the level of UAH 1.158 billion, and also developed the terms of privatization. This was reported by the press service of the State Property Fund. The starting price must be approved by the government, after which this object of large privatization will be put up for auction on the Prozorro platform. “Sumikhimprom” is a basic enterprise of the chemical industry of Ukraine, which has been operating since 1953. Main products: mineral fertilizers, titanium dioxide, inorganic chemistry. Advertising: It is reported that the company’s products provide the agricultural sector with fertilizers, and are also used in many industries. Conditions of privatization of “Sumikhimprom”: Preservation of the enterprise’s activities; Investments in development: a minimum of UAH 150 million for modernization and energy modernization; Repayment of considerable debts: salaries, taxes, debts to the Pension Fund and overdue payables (except debts to authorized persons); Provision of social guarantees for employees; Prohibition of dismissals: during the first six months after the change of ownership, employees are protected from layoffs; Compliance with the requirements of environmental protection legislation; Execution of the collective agreement; Payment of dividends to the state budget for 2024-2025.

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