Property complex of the state-owned enterprise “Machine-Building Plant Orizon”

Start price:

1 674 058

State-Owned Enterprise ‘Machine-Building Plant Orizon”, USREOU code 32480440 (Cherkasy Oblast, Cherkasy Rayon, Smila town, 24, Sarazhi Yevhena (Mazura) St.). The main activity, according to the Charter, is manufacture of instruments and appliances for measuring, testing and navigation. The average number of employees as of 30.09.2024 was 1 person. In the period from 2009 to 2024, SOE “Machine-Building Plant Orizon” was at various stages of bankruptcy. By the decision of the Commercial Court of Cherkasy Oblast dated 03 April 2024 in case No. 10/2180, the bankruptcy proceedings against the company were closed. The company ceased its operations in 2012, does not carry out production activities aimed at producing main and by-products according to the relevant nomenclature, it is characterised by persistent insolvency, lack of profitability, and excessive depreciation of fixed assets. The company has no permits, licences or patents. The material assets of the state material reserve, including the mobilization reserve for SOE “Machine-Building Plant Orion”, are not accounted for on the balance sheet of the State Reserve, there is no debt. The balance sheet of SOE “Machine-Building Plant Orion” as of 30.09.2024 includes fixed assets (real estate) of buildings and structures with a total area of 45,531.2 sq.m located at the following addresses: 24/3b, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/3v, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/3, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/3a, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/16, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/12, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/11, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/2, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24/32, Mazura St., Smila town, Cherkasy Oblast, Cherkasy Rayon; 24g Rzhevska St., Kholodnianske village, Cherkasy Oblast, Cherkasy Rayon. There are no other assets, including vehicles, equipment, machinery, land plots, etc. on the company’s balance sheet. As of 30.09.2024, accounts receivable amounted to UAH 0.00 thousand, accounts payable amounted to UAH 17,296.6 thousand. According to the information provided by the Department of Civil Protection, Defence and Interaction with Law Enforcement Agencies of Cherkasy Regional State Administration, SOE “Machine-Building Plant Orion” accounts of 2 civil protection objects that are not subject to privatization. According to the information provided by the Regional Service Centre of the Main Service Centre of the Ministry of Internal Affairs in Vinnytsia, Cherkasy and Kirovohrad Oblasts, the company has a registered vehicle, namely: AZLK 2141, made in 1993, VIN – XTB214100P3700885, registration certificate RKS 308235 dated 05.11.2003, but this vehicle is not accounted for on the company’s balance sheet. According to the information provided by the Main Department of the State GeoCadastre of Ukraine in Cherkasy Oblast, no land plots were registered for the SOE “Machine-Building Plant Orizon” on the right of ownership or use within the town of Smila, Cherkasy Oblast, and the former Smila Rayon. There is 1 lease agreement for part of the real estate.

Object documentation

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Description

Name of the privatization object: property complex of the state-owned enterprise “Machine-Building Plant Orizon”.

Location: 20708, Cherkasy Oblast, Cherkasy Rayon, Smila town, 24, Sarazhi Yevhena (Mazura) St.

USREOU code (ЄДРПОУ): 32480440.

The average number of employees as of 30.09.2024: 1 person.

The main type of economic activity according to the Charter: manufacture of instruments and appliances for measuring, testing and navigation.

The state enterprise is inactive, as of 30.09.2024 it does not produce products, including export products, does not perform works, does not provide services.

Volume of sales of products (works, services), including export: none.

Main product range, including export: none.

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

Period Total income

thousand UAH

Income by main activity

thousand UAH

2021 0.0 0.0
2022 60.3 0.0
2023 137.2 0.0
Q3 2024 113.1 0.0

Main financial indicators of the enterprise’s economic activity:

# Indicators

(thousand UAH)

2021 2022 2023 Q3 2024
1. Assets 1663.5 1682.9 1660.7 1674.1
1.1 Fixed assets 1659.8 1659.8 1659.8 1659.8
1.2 Current assets 3.7 23.1 0.7 14.3
2. Equity -14735.9 -14952.3 -15188.9 -15622.5
3. Total income, including: 0.0 60.3 137.2 113.1
3.1 Net income from sales of products (goods, works, services) 0.0 0.0 0.0 0.0
4. Total costs, including: 235.4 276.7 373.8 546.7
4.1 Cost of goods sold (goods, works, services) 0.0 0.0 0.0 0.0
4.2 Administrative costs 0.0 0.0 0.0 163.4
4.4 Other operating costs 0.0 276.7 373.8 383.3
4.6 Income tax expenses 0.0 0.0 0.0 0.0
5. Net profit (loss) (235.4) (216.4) (236.6) (433.6)

As of 30.09.2024 overdue accounts payable – UAH 15,600,611.02, including:

  • wage arrears – UAH 207,757.33;
  • debt to the budget – UAH 14,274,396.17;
  • other accounts payable – UAH 1,118,457.52.

Property information (real estate): the object includes 10 registered units of real estate (production buildings, premises of buildings, etc.) with a total area of 45,531.2 sq. m, located at the following addresses:

  • Cherkasy Oblast, Cherkasy Rayon, Smila town, 24/2, 24/3, 24/3а, 24/3b, 24/3v, 24/11, 24/12, 24/16, 32 Mazura St.;
  • Cherkasy Oblast, Cherkasy Rayon, Kholodnianske village (Kholodnianske settlement), 24g Rzhevska St. (Otamanovskoho Valentyna St.; Rzhevska St.).

Information about land plots: according to the information provided by the Main Department of State Geocadastre in Cherkasy Oblast, by the letter No. 7-23-0.2-6321/2-24 dated 16.09.2024, the right of ownership or use of land plots within the town of Smila and the former Smila Rayon for SOE ‘Machine-Building Plant “Orizon” is not registered.

Vehicle information: there are no vehicles on the company’s balance sheet.

There is no movable property.

Information on lease agreements: as of 15.10.2024, part of the enterprise’s real estate with a total area of ​​ 5,587.4 sq. m was leased in accordance with 1 existing agreement. The maximum term of the lease agreement is until the termination or cancellation of martial law and 12 months after the termination or cancellation of martial law.

State property objects not subject to privatization are accounted for the enterprise, namely:

  • storage No. 89039 (building 11/5) with a total area of 788.6 sq. m, at the address: Cherkasy Oblast, Smila town, 36, Sarazhi Yevhena (Mazura) St., registration number 2666146171080, the owner is the Ministry of Economy of Ukraine;
  • storage No. 89046 with a total area of 844.6 sq. m, at the address: Cherkasy Oblast, Smila town, 24, Sarazhi Yevhena (Mazura) St., ownership right is not registered.

According to the information provided by the State Reserve Agency of Ukraine, by letter No. 2429/0/4-24 dated 18.09.2024, the material assets of the state material reserve, including the mobilization reserve, for the SOE “Machine-Building Plant Orizon” (USREOU code 32480440) are not accounted, there is no debt.

Volumes of emissions and discharges of pollutants into the environment, waste generation and disposal, information on payment of environmental fees and charges: the enterprise does not generate and dispose of waste; emissions and discharges of pollutants into the environment are absent; the enterprise does not pay environmental fees and charges.

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 9.00 to 16.00 at the location of the facility, namely: Cherkasy Oblast, Cherkasy Rayon, Smila town, 24, Sarazhi Yevhena (Mazura) St.

Contact person of the company: Dmytro B. Bukhtiyarov, acting director of the SOE “Machine-Building Plant Orizon”, phone: (+38095) 704-31-11, e-mail: zavodorizon@ukr.net.

Auction organizer: Regional branch Office of the State Property Fund of Ukraine in Kyiv, Cherkasy and Chernihiv Oblasts; address: 03039, Kyiv city, 50, Golosivskyi Ave.

The representative of the auction organizer: Office for Ensuring the Implementation of Powers in the Cherkasy Oblast of the Regional Branch of the State Property Fund of Ukraine in the Kyiv, Cherkasy and Chernihiv Oblasts, address: 18000, Cherkasy city, 205, Shevchenka Blvd.; phone (+38050) 937-29-21; business hours: from 8:00 to 17:00 (except weekends), on Fridays from 8:00 to 15:45, lunch break from 12:30 to 13:15, website: https://www.spfu.gov.ua/ua/regions/cherkasy.html.

Contact person: Iryna V. Buryak, Deputy Head of the Department of Privatization, Management of State Property and Corporate Rights,  telephone: (+38050) 937-29-21; e-mail address: iryna.buriak@spfu.gov.ua; cherkasy@spfu.gov.ua.

Additional information

Bid date 25.11.2024
Asset address 20708, Ukraine, Cherkasy Oblast, Cherkasy Rayon, Smila town, 24, Mazura St.
Region Cherkasy
Balance holder SOE “Machine-Building Plant Orizon”, USREOU code 32480440
Type of activity according to NACE 26.51 Manufacture of instrument and appliances for measuring, testing and navigation (main)
46.69 Wholesale of other machinery and equipment
47.78 Other retail sale of new goods in specialised stores
49.41 Freight transport by road
Responsible for the preparation of the object Regional branch Office of the State Property Fund of Ukraine in Kyiv, Cherkasy and Chernihiv Oblasts, USREOU code 43173325
Contact person for the object Iryna V. Buryak, +38050 937 29 21, cherkasy@spfu.gov.ua
The act by which the object is included in the List of privatization objects Order of the State Property Fund of Ukraine dated 12.12.2023 No. 2213 ‘On Amendments to the Order of the State Property Fund of Ukraine dated 04.01.2022 No. 1 ’On Approval of the Lists of Small-Scale Privatisation Objects Subject to Privatisation (as amended)’
Order of the SPFU RV on the decision on privatization № 0461-О dated 26.12.2023
Method of privatization Auction with/without conditions
Initial cost 1 674 058.39
Warranty fee 334 811.68
Acceptance of applications to 24/11/2024

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