State block of shares in the amount of 100% of the authorised capital of JSC “Radiorele Plant”

Category: Status: Auction resolved. Contract signed
Start price:

234 385 000 117 192 500

Winner price:

₴118 000 811

The nominal value of the block of shares is UAH 234,385,000 thousand. The value of the JSC’s assets for 6 months of 2025 is UAH 193,021.0 thousand. Current liabilities (for 6 months of 2025) – UAH 3,226.0 thousand, overdue accounts payable – UAH 2,512.0 thousand. Total area of real estate is 49,137.2 sq.m. Number of vehicles is 12. There is property not subject to privatization on the balance sheet. The land plot is not included in the privatization object. More detailed information about the object and conditions of sale is contained in the information notification.

Object documentation

sale

Description

Name of the privatization object: state block of shares in the amount of 100% of the authorized capital of JSC “Radiorele Plant”.

Location: 181, Aerokosmichnyi Ave., Kharkiv city.

USREOU code (ЄДРПОУ): 32444638.

Amount of the Company’s authorized capital: UAH 234,385,000.0.

State-owned block of shares in the amount of 234,385,000 shares, which is 100% of the company’s authorised capital.

Average number of employees as of 30.06.2025: 57 persons.

The main type of economic activity according to the Charter: manufacture of electricity distribution and control apparatus.

Volume of sales of products (work, services) for the period of 2022 – H1 2025: UAH 23,124.0 thousand, including export – UAH 6,842.0 thousand.

The main product range: low-current, miniature, electromagnetic switches and relays.

Volume and main nomenclature of products (works, services):

Period Total income

thousand UAH

Income by main activity

thousand UAH

2022 10024 9281
2023 6771 6360
2024 6278 5236
H1 2025 3990 2247

Main financial indicators:

# Indicators

(thousand UAH)

2022 2023 2024 H1 2025
1. Assets 228 072 219 060 210 001 193 021
1.1 Fixed assets 177 271 169 042 160 815 146 529
1.2 Current assets 37 656 36 908 36 107 33 437
2. Equity 227 843 216 130 205 796 189 795
3. Total income, including: 10 024 6 771 6 278 3 990
3.1 Net income from sales of products (goods, works, services) 9 281 6 360 5 236 2 247
4. Total costs, including: 19 139 18 436 16 555 9 717
4.1 Cost of goods sold (goods, works, services) 5 472 4 048 3 538 1 391
4.2 Administrative costs 6 349 5 866 4 593 2 797
4.4 Other operating costs 7 016 8 261 8 240 5 436
4.6 Income tax expenses 0 0 0 0
5. Net profit (loss) – 9 115 – 11 665 -10 277 – 5 727

As of 30.06.2025:

Overdue accounts payable – UAH 2,512.0 thousand, including:

  • wage arrears – UAH 0.0 thousand;
  • debt to the budget – UAH 1,277.0 thousand;
  • insurance arrears – UAH 142.0 thousand;
  • other accounts payable – UAH 1,093.0 thousand.

Information about the object (real estate): the object includes 5 units of real estate (non-residential buildings, a warehouse building, a workshop building, etc.) with a total area of 49,137.2 sq. m, located at the following addresses:

  • 181, Aerokosmichnyi Ave., Kharkiv city;
  • 6, Kadenyuka St., Kharkiv city.

Information on land plot located at the following address: 181, Aerokosmichnyi Ave., Kharkiv city:

Land area (ha) Cadastral number Purpose of the land plot Form of ownership, grounds for the right to use the land plot, information on encumbrances
4.0960 6310136900:08:001:0010 For the operation and maintenance of non-residential buildings and structures State,

State act for the right of permanent use of the land plot dated 29.11.2011, series YaYa No. 309689

Vehicles information: 12 units of vehicles and special equipment manufactured in 1983-2013, including 1 unit transferred to a military unit under the act of acceptance and transfer of vehicles and equipment dated 04.04.2023.

List of assets (movable property) that are recorded on the balance sheet of the enterprise and are part of the privatization object as of 30.06.2025 (for more details see the appendix to the information notification):

  • equipment, furniture, inventory, etc. – 3510 inventory items;
  • technical literature, reference books, manuals – 114 inventory items;
  • intangible assets – 41 inventory items.

As of September 15, 2025, part of the company’s real estate with a total area of 479.4 sq. m was leased in accordance with 1 agreement.

The company’s balance sheet includes the following objects that are not subject to privatization: residential premises (13 residential premises (rooms) at the address: 6-B, Kyrhizka St., Kharkiv city), as well as 1300 inventory items (weapons – 17 items, ammunition – 1283 items), UAZ-3151 vehicle, state number 037-85ХВ (it is transferred to Kominternivskyi United District Military Commissariat in Kharkiv city).

Volumes of emissions and discharges of pollutants into the environment, generation and disposal of waste, information on payment of environmental fees and charges: no emissions or discharges of pollutants into the environment were made, no waste was generated or disposed of.

Information on the presence/absence of mobilization tasks: the company has no mobilization tasks (orders).

Privatization conditions:

  • repayment of debts on wages and to the budget within 6 months;
  • preventing the dismissal of employees during 6 months.

Time and place of the object inspection: by prior arrangement with a representative of JSC ‘Radiorele Plant’ on business days at the following address: 181, Aerokosmichnyi Ave., Kharkiv city.

Responsible person: Maksim O. Yeryomenko Acting General Director of JSC ‘Radiorele Plant’, phone for inquiries: +380503649035.

Auction organizer: Regional Branch of the State Property Fund of Ukraine in Kharkiv Oblast, address: 3 Sumska St., Kharkiv city, Kharkiv Oblast, 61057, website: https://www.spfu.gov.ua/ua/regions/kharkiv.html,  phone for inquiries: (+38057) 7007773.

Business hours: from 9:00 a.m. to 18:00 (except weekends), on Fridays – from 9.00 to 16.45, lunch break from 13.00 to 13.45.

Contact person of the auction organizer: Oksana O. Saliy, Chief Desk Officer of the Privatization and Corporate Governance Department, phone for inquiries: +38057 700-75-60, e-mail address: [email protected].

Additional information

Bid date 05.11.2025
Part Capital 100
Asset address 181, Aerokosmichnyi Ave., Kharkiv city, Ukraine, 61105
Region Kharkiv
Type of activity according to NACE 27.12 Production of electrical distribution and control equipment (main);
27.51 Manufacture of electrical household appliances;
46.90 Non-specialized wholesale trade;
47.19 Other types of retail trade in non-specialized stores.
Responsible for the preparation of the object REGIONAL BRANCH OF THE STATE PROPERTY FUND OF UKRAINE IN KHARKIV REGION, USREOU code 44223324
Contact person for the object Natalia Valeriivna Aleynyk, +38 057 700 75 60, [email protected]
The act by which the object is included in the List of privatization objects Order of the State Property Fund of Ukraine dated February 3, 2022 No. 157 "On Amendments to Order of the State Property Fund of Ukraine dated January 4, 2022 No. 1 "On Approval of Lists of Small Privatization Objects Subject to Privatization in 2022 (with Amendments)"
Order of the SPFU RV on the decision on privatization № 00723 dated 15.11.2022
Method of privatization Auction with lowered starting price
Initial cost 117 192 500,00
Warranty fee 23 438 500,00
Acceptance of applications to 04/11/2025
Information about the winner LIMITED LIABILITY COMPANY "SKTB CORPORATION "UKRINNMASH", EDRPOU code 41233779
The price is offered by the winner 118000811.00
Order of the SPFU RV on completion of privatization of the object dated 20.05.2026 No. 552

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