Property complex of SOE “Rivnetorf”

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

47 142 259

Winner price:

₴205 000 001

The property complex of the state owned enterprise “Rivnetorf” (USREOU code 02968193) located at the address: 35680, Rivne Oblast, Dubno Rayon, Smyha urban-type settlement, 1, Myru St.. The Company’s activities are: 08.92 Extraction of peat (main); 19.20 Manufacture of refined petroleum products.

Object documentation

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Description

Name of the privatization object: property complex of SOE “Rivnetorf”.

Location: 35680, Rivne Oblast, Dubno Rayon, Smyha urban-type settlement, 1, Myru St.

USREOU code (ЄДРПОУ): 02968193.

The average number of employees as of March 31, 2023: 175 people.

Main activity, according to the Statute: peat extraction.

The volume of sales of products (works, services) for the period 2020 – Q1 2023: UAH 337,030.0 thousand.

The main range of products (works, services): peat semi-briquettes and non-agglomerated fuel peat; including export: none.

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

Period Total income, thousand UAH Income by main activity, thousand UAH
2020 76883 65989.6
2021 100351 86165.7
2022 123813 105504.8
Q1 2023 35983 30630.90

The main indicators of the enterprise’s economic activity:

Indicators (thousand UAH) 2020 2021 2022 Q1 2023
1. Assets 38829 39453 38919 47142
1.1 Non-Current assets 22114 20160 18415 18858
1.2 Current assets 16715 19293 20504 28284
2. Liabilities 38829 39453 38919 47142
3. Total income, including: 76883 100351 123813 35983
3.1 Net income from sales of products (goods, works, services) 75816 99361 123590 35933
4. Total costs, including: 74378 94876 115058 29260
4.1 Cost of goods sold (goods, works,services) 57577 75708 94402 24749
4.2 Administrative costs 8915 10780 10698 2852
4.4 Other operating costs 5519 4752 6145 629
4.6 Income tax expenses 611 2178 2707 733
5. Net profit (loss) 2505 5475 8755 6723

As of March 31, 2023:

There are no overdue accounts payable.

Accounts payable – UAH 6,912.0 thousand, including:

  • wage arrears – UAH 1,832.0 thousand;
  • insurance settlements – UAH 581.0 thousand;
  • settlements with the budget – UAH 484.0 thousand;
  • goods, works, services – UAH 94.0 thousand;
  • debt on advances received – UAH 112.0 thousand;
  • other debt – UAH 3,809.0 thousand.

Property information (real estate): the object includes 114 registered units of real estate (production, storage, administrative premises, etc.) and infrastructure with a total area of 16,969.90 sq. m located at the following addresses:

  • Rivne Oblast, Dubno Rayon, Smyha urban-type settlement, 1, Myru St.;
  • Rivne Oblast, Dubno Rayon, Maidan village, 29A, Kovpaka St.;
  • Rivne city, 30A, Stepana Bandery St.;
  • Rivne Oblast, Dubno Rayon, Verba village, 40, Kremenetska St.;
  • Rivne Oblast, Sarny Rayon, Chemerne village, 5, Tsentralna St.;
  • Rivne Oblast, Rivne Rayon, Mokvin village;
  • Rivne Oblast, Sarny Rayon, Klesiv urban-type settlement, 90, Shkilna St.

Some of the real estate objects are in a dilapidated and destroyed state due to a long (more than 20 years) non-use.

As of March 31, 2023, a part of the real estate of the enterprise in the amount of 12 objects with a total area of 2,216.3 sq. m was leased in accordance with 1 existing lease agreement valid until the date of transfer of ownership to the buyer of  the property complex.

Information about land plots: 22 registered land plots with a total area of 633.0227 hectares, located at the following addresses:

  • Rivne city, 30A, Stepana Bandery St., within the settlement;
  • Rivne Oblast, Dubno Rayon, Smyha urban-type settlement, 1, Myru St., within the settlement;
  • Rivne Oblast, Dubno Rayon, Smyha village council, outside the settlement;
  • Rivne Oblast, Dubno Rayon, Maidan village council, within and outside the settlement;
  • Rivne Oblast, Kostopil district, Piskiv village council, outside the settlement.

Information about motor vehicles: 161 registered units of motor vehicles and special equipment (cars and trucks, wagons, etc.).

On the balance sheet of the enterprise there are assets in the amount of 11 units (trucks, trailer, special equipment) that are not subject to privatization.

The enterprise was granted 8 permits and licenses, in particular, for the performance of work and the use of machines and equipment of increased danger, as well as a special permit for the use of subsoil dated 30.03.2000 for 40 years.

Volumes of emissions and discharges of pollutants into the environment, generation and disposal of waste, information on payment of environmental fees and charges:

  1. The volume of emissions of pollutants into the atmospheric air for 2022 (according to the form No. 2-TP (air) annual) in total for the enterprise – 113.194 tons.
  2. Waste generation for 2022 – (according to form No. 1 – waste (annual) in total for the enterprise – 9.141 tons.
  3. Environmental payments for 2022: for emissions of pollutants into the atmospheric air by stationary sources of pollution – UAH 102.3.

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: on weekdays from 8.00 to 17.00, on Friday – from 8.00 to 15.45.

Responsible person: Oleksandr Sergienko.

Phone: +38067 273-91-78, e-mail: smygatorf@i.ua.

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/.

Phone for information: (+380362) 68-36-93.

Additional information

Bid date 05.07.2023
Asset address Ukraine, 35680, Rivne Oblast, Dubno Rayon, Smyha urban-type settlement, 1, Myru St.
Region Rivne
Balance holder THE STATE ENTERPRISE “RIVNETORF”
Type of activity according to NACE 08.92 Extraction of peat (main)
19.20 Manufacture of refined petroleum products
20.15 Manufacture of fertilisers and nitrogen compounds
46.90 Non-specialised wholesale trade
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 Maria O. Vladova, +38036 268 36 93, rvfdmu56@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 May 25, 2021 No. 877 "On Amendments to Order of the State Property Fund of Ukraine dated January 6, 2021 No. 5 "On Approval of Lists of Small Privatization Objects Subject to Privatization in 2021 (with Amendments)"
Order of the SPFU RV on the decision on privatization № 463 dated 04.06.2021
Method of privatization Auction with/without conditions
Initial cost 47 142 259,20
Warranty fee 9 428 451,84
Acceptance of applications to 04/07/2023
Information about the winner Limited liability company "LAND GROW" (IDRPOU code 43578399), Ukraine, 03035, Kyiv city, Kudryashova street, building 20A
The price is offered by the winner 205000001.00

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