Property complex of SOE “Korostyshiv distillery plant”

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

3 183 913

Winner price:

₴20 777 778

Property complex of SOE “Korostyshiv distillery plant”, USREOU code 00374634, legal address: Zhytomyr Oblast, Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St. Main activity according to the Statute is a manufacture of other organic basic chemicals (according to 20.14 NACE code). The company has not been carrying out economic activities by the main activity since 2012, it provides services for the transportation and wastewater treatment. SOE “Korostyshiv distillery plant” consists of two production sites. Site No. 1 (Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St.) is located at a distance of 29 km from the oblast center. The real estate objects in the amount of 27 units with a total area of 9238 sq. m are in poor condition, they need major repairs, engineering communications are not functioning. The land plot with an area of 22.15 hectares, intended for production needs, is in constant use of the enterprise, information about it is not included in the State Land Cadastre. Site No. 2 (Berdychiv Rayon, Andrushivka town, 41, Klubna St.; 1B, Myrna St.) is located on the outskirts of the city, at a distance of 45 km from the oblast center. The real estate objects in the amount of 40 units with a total area of 26467 sq. m are in an unsatisfactory condition, some of them are dilapidated and in disrepair condition. Site No. 2 has electricity and water supply, the functioning sewage pumping station, treatment facilities and filtration fields. The structure of the object on site No. 2 also includes: access road; reservoir (lake), coastal water intake, artificial reservoir adjacent to the Huiva river, which are involved in the technological process of the enterprise. The total size of land plots is 205.9952 hectares, the intended purpose is for enterprises of other industries, they are in constant use of the enterprise, information about land plots is included in the State Land Cadastre. In addition to real estate, the privatization object includes 26 motor vehicles, other fixed assets for the production of alcohol, machinery and equipment, tools, instruments, inventory. On the balance sheet of the enterprise there are assets that are not subject to privatization: 3 anti-radiation shelters, 7 residential buildings and a concrete bridge across the Huiva River. The size of current, incl. overdue accounts payable is UAH 40,260.00 thousand. The movable property of the enterprise is under arrest and prohibition of alienation. Part of the company’s real estate is in the tax lien.

Object documentation

Sale

Description

Name of the privatization object: property complex of SOE “Korostyshiv distillery plant”.

Legal address: Zhytomyr Oblast, Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St.

Location of the privatization object:

  • Zhytomyr Oblast, Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St.;
  • Zhytomyr Oblast, Berdychiv Rayon, Andrushivka town, 41, Klubna St.;
  • Zhytomyr Oblast, Berdychiv Rayon, Andrushivka town, 1B, Myrna St.;
  • Zhytomyr Oblast, Berdychiv Rayon, Andrushivka town, 1, Sonyachna St.

USREOU code (ЄДРПОУ): 00374634.

The average number of employees as of 31.12.2022: 32 people.

Main activity according to the Statute: manufacture of other organic basic chemicals (according to 20.14 NACE code).

The company has not been carrying out economic activities by the main activity since 2012.

The main range of products (works, services): services for transportation and wastewater treatment.

The volume of sales of products (works, services) for the period 2020 – 2022: UAH 13,096.00 thousand, including export: none.

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

Period Total income, thousand UAH Income by main activity, thousand UAH
2020 2750.0
2021 4696.0
2022 5650.0

The main indicators of the enterprise’s economic activity:

Indicators (thousand UAH) 2020 2021 2022
1. Assets 4053 4050 3883
1.1 Non-Current assets 4035 4053 3869
1.2 Current assets 18 15 14
2. Liabilities 4053 4050 3883
3. Total income, including: 2750 4696 5650
3.1 Net income from sales of products (goods, works, services) 2750 4696 5650
4. Total costs, including: 2766.7 4699 5650
4.1 Cost of goods sold (goods, works,services) 2686 2344 3508
4.2 Administrative costs
4.4 Other operating costs 80.7 2355 2142
4.6 Income tax expenses
5. Net profit (loss) 16.7 3.0

As of 31.12.2022:

Current, incl. overdue accounts payable are UAH 40,260.0 thousand, including for:

  • settlements to the budget – UAH 38,244.0 thousand;
  • settlements on single social payments and personal income tax – UAH 774.0 thousand;
  • payroll calculations – UAH 645.0 thousand;
  • other current liabilities – UAH 597.0 thousand.

Description: the property complex consists of two production sites:

  • site No. 1 (Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St.) is located at a distance of 29 km from the oblast center. The real estate objects (27 units with a total area of 9238 sq. m) are in poor condition, they need major repairs, engineering communications are not functioning.
  • site No. 2 (Berdychiv Rayon, Andrushivka town, 41, Klubna St.; 1B, Myrna St.) is located on the outskirts of the city, at a distance of 45 km from the oblast center. The real estate objects (40 units with a total area of 26467 sq. m) are in an unsatisfactory condition, some of them are dilapidated and in disrepair condition.

Site No. 2 has electricity and water supply, the functioning sewage pumping station, treatment facilities and filtration fields. The structure of the object on site No. 2 includes: access road; reservoir (lake), coastal water intake, artificial reservoir adjacent to the Huiva river (reserve water intake for cooling), which are involved in the technological process of the enterprise and are located within the territory of the enterprise.

Information about the object (real estate): the object includes 87 registered units of real estate and infrastructure with a total area of:

  • 35010.5 sq.m according to registration;
  • 33799.6 sq. m according to the technical passport

Information about motor vehicles: 26 registered units of motor vehicles and special equipment (cars, trucks, special vehicles, trailers, excavator, motorcycle, etc.) 1980-2004 of release.

In addition to real estate and motor vehicles, the facility includes:

  • other fixed assets, namely: beer, ether, fusel, spirit and alcohol purification columns; fermentation and treacle tanks; yeast units; containers for alcohol; grain loaders; draff pipe; cable power lines; woodworking machines; lathes; transformer substation; pure culture apparatus; silt platforms; secondary settling tanks, aerotanks, methane tanks, artesian wells, etc.;
  • machines and equipment;
  • tools, devices, inventory.

Information about land plots: 19 registered land plots with a total area of 228.1452 hectares, located at the following addresses:

  • Zhytomyr Oblast, Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St.;
  • Zhytomyr Oblast, Berdychiv Rayon, Andrushivka town, 41, Klubna St.;
  • Zhytomyr Oblast, Berdychiv Rayon, Andrushivka town.

The company’s balance sheet includes assets that are not subject to privatization, namely: 3 anti-radiation shelters; premises of a protective structure of civil protection; 7 residential buildings; concrete bridge through the Huiva river.

The volume of pollutants discharged into the Huiva river for 2022 (according to the tax declaration of the environmental tax) in total for the enterprise is 195.0 thousand cub. m.

The environmental payments for 2022 (actually paid in total) are UAH 39,992.18, including for: emissions of pollutants into the atmospheric air by stationary sources of pollution are UAH 528.80; discharges of pollutants directly into water bodies are UAH 38,127.11.

As of December 31, 2022, there are no lease agreements.

Privatization conditions:

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

Time and place of the object inspection: on weekdays from 8.00 to 17.00, on Friday – from 8.00 to 15.45 at the location of the object.

Responsible person of the balance holder: Oleh V. Vlasyuk, acting director of the SOE “Korostyshiv distillery plant”, tel. (+38097) 530-79-28, e-mail: ktspirtcomb@gmail.com.

Auction organizer: Regional branch office of the State Property Fund of Ukraine in Rivne and Zhytomyr Oblasts, address: 33001, Rivne Oblast, Rivne city, 24, Petra Mohyly St., website address – http://www.spfu.gov.ua/.

The representative of the auction organizer: Office for ensuring the implementation of powers in Zhytomyr Oblast, working hours: from 8.00 to 17.00, on Friday – from 8.00 to 15.45.

Responsible person: Natalya A. Grinchuk, tel. (+380412) 420-420, mobile tel. (+38098) 307-21-47, e-mail: grinfdmu@gmail.com.

Additional information

Bid date 05.05.2023
Asset address Ukraine, 12501, Zhytomyr Oblast, Zhytomyr Rayon, Korostyshiv town, 46, Hvardiyska St.
Region Zhytomyr
Balance holder Property complex of SOE “Korostyshiv distillery plant", USREOU code 00374634
Type of activity according to NACE 20.14 Manufacture of other organic basic chemicals (main)
01.42 Raising of other cattle and buffaloes
20.11 Manufacture of industrial gases
20.59 Manufacture of other chemical products n.e.c.
46.21 Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
37.00 Sewerage
Responsible for the preparation of the object Regional branch office of the State Property Fund of Ukraine in Rivne and Zhytomyr Oblasts, USREOU code 42956062
Contact person for the object Natalia A. Grinchuk, +380983072147, grinfdmu@gmail.com
The act by which the object is included in the List of privatization objects Order of the State Property Fund of Ukraine dated September 2, 2022 No. 978 "On Amendments to the 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 № 291 dated 03.10.2022
Method of privatization Auction with/without conditions
Initial cost 3 183 913.00
Warranty fee 636 782.60
Acceptance of applications to 04/05/2023
Information about the winner AGROHOLDING "KHORTYTSYA" LIMITED LIABILITY COMPANY (EDRPOU code 39260867), Ukraine, 12516, Zhytomyr Region, Zhytomyr District, Shchigliivka Village, T.G. Shevchenko Street, Building 11-A
The price is offered by the winner 20777778.00

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