Automatically translated version. May contain inaccuracies compared to the original.
The first auction of the State Property Fund of Ukraine for the sale of the nationalized Glukhiv Quartzite Quarry and 22 real estate objects did not take place due to the lack of participants. The starting price of the asset pool was 98,64 million UAH.
As reported by Dilo, this is mentioned in the notice on the ProZorro.Sales website.
The first auction failed.
The lot includes an enterprise located in the village of Banychi, Shostka district, Sumy region, as well as 22 real estate objects. Previously, the assets were under the control of Russian businessman Oleg Deripaska, and in 2023 year they were seized for national income under sanctions by the Higher Anti-Corruption Court.
The starting value of the lot on the English three-round auction was set by the State Property Fund at 98,64 million UAH. At the same time, before the end of the application period, which lasted until 20:00 21 September, there were no bidders.
Head of the State Property Fund Dmitry Natalukha previously urged investors to pay attention to the asset. According to him, the silicon content in the quarry’s quartzite reaches 99%. At the same time, he allowed a decrease in the lot price, since the enterprise belongs to sanctioned assets.
The State Property Fund announced that after the first auctions did not take place, on the second English auction the starting price would be automatically reduced by 50%.
If the repeated trades also do not take place, the asset will be put up for a Dutch auction. Such a format provides for a further price decrease.
As a reminder, the State Property Fund previously planned to put the Glukhiv Quartzite Quarry up for auction exactly in September 2026 year. The enterprise was included in the list of priority assets that the state prepared for sale this year. Among them were also the Odesa-Portside Plant, Demurinsky GZK, Mykolaiv Alumina Plant, and other assets.
The Glukhiv Quartzite Quarry itself had been prepared for privatization even earlier. The asset was seized for state income in the case involving the sanctioned Russian businessman Oleg Deripaska, after which the enterprise came under the control of the State Property Fund.
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