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Privatization of the alcohol industry has started in Ukraine

Ukraine

Nemirovsky distillery is put up for sale as part of the Program for Reforming and Development of the Alcohol Industry for 2020-2023.

Privatization of the alcohol industry has started in Ukraine

On September 15, the first lot within the framework of a large-scale program for the privatization of enterprises in the alcohol industry in Ukraine - Nemirovsky distillery - was put up in the electronic trading system Prozorro Sales. The auction is scheduled for October 15, 2020.

“Privatization and shading of the alcohol industry in Ukraine is one of the key tasks of the government. We must make this industry competitive and efficient, and provide a level and transparent environment. As a result, we will get - an increase in budget revenues, jobs, an increase in workers' incomes ", - said the Minister of Economic Development, Trade and Agriculture of Ukraine Igor Petrashko.

As a reminder, on August 12, 2020, the Program for Reforming and Development of the Alcohol Industry for 2020-2023 was approved, which provides for a step-by-step action plan to demonopolize the market for the next 3 years.

Now the Ministry of Economy and the State Property Fund are preparing for the privatization of the State Enterprise "Ukrspirt", which includes 41 objects, including 10 already included in the privatization list and published on Privatization.gov.ua. The starting price of the auctions is determined by the results of the inventory.

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Of the 78 state-owned distilleries of the State Enterprise Ukrspirt and the Concern Ukrspirt: 22 are in an unsatisfactory condition and do not meet technical requirements, 43 have been idle for a long time. The state spends about UAH 100 million annually on the maintenance of this entire economy.

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