State block of shares in the amount of 50% + 1 share in the authorized capital of PJSC “Rivne Radio Engineering Plant”

Start price:

121 558 615 60 779 307

State block of shares in the amount of 50% + 1 share in the authorized capital of PJSC “Rivne Radio Engineering Plant”, amounting to 22,423,190 shares, USREOU code 14314989, at the address:  Rivne city, 25 Danyla Halytskoho St.

Object documentation

Accepting applications until:

Take part in the auction

Description

Name of the privatization object: state block of shares in the amount of 50% + 1 share in the authorized capital of PJSC “Rivne Radio Engineering Plant”, amounting to 22,423,190 shares.

Location (legal address): Rivne city, 25, Danyla Halytskoho St.

USREOU code (ЄДРПОУ): 14314989.

Amount of the Company’s authorized capital: UAH 11,211,594.25.

The authorized capital of the Company is divided into 44,846,377 ordinary registered shares with a nominal value of UAH 0.25. As of September 30, 2024, 22,423,187 shares are privately owned by non-state shareholders; 22,423,190 shares (50% + 1 share) are state-owned and constitute the block of shares that are the subject of privatization.

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

The main business activity according to the NACE: 26.30 Manufacture of communication equipment.

Due to fact that PJSC “Rivne Radio Engineering Plant” has not carried out economic activities since 2013, was subsequently declared bankrupt, and also did not transfer the primary accounting and financial documents of the Company from the previous management to the liquidator, financial statements were not generated and submitted during the bankruptcy procedure.

Main financial indicators:

# Indicators

(thousand UAH)

Q3 2024
1. Assets 243,117.2
1.1 Fixed assets
1.2 Current assets
2. Equity 188,137.1
3. Total income, including:
3.1 Net income from sales of products (goods, works, services)
4. Total costs, including:
4.1 Cost of goods sold (goods, works, services)
4.2 Administrative costs
4.4 Other operating costs
4.6 Income tax expenses
5. Net profit (loss)

As of 30.09.2024:

Overdue accounts payable – UAH 54,980,108.59, including:

  • wage arrears – UAH 12,505,491.85;
  • debt to the budget – UAH 1,837,289.92;
  • other accounts payable – UAH 40,637,326.82.

Information about the objects (real estate): the object includes 7 registered units of real estate (6 production buildings, pumping station) with a total area of 68,795.00 sq. m. located at the address: Rivne city, 25, Danyla Halytskoho St.

Information about land plots: real estate objects owned by PJSC “Rivne Radio Engineering Plant” are located on a land plot at the address: Rivne city, 25, Danyla Halytskoho St., with cadastral number 5610100000:01:037:0080 with a total area of 11.3834 hectares, with a purpose of 11.02 “For the placement and operation of main, subsidiary and auxiliary buildings and structures of processing enterprises, processing machines in municipal ownership”. A dog kennel is located on the specified land plot.

The land plot also contains real estate owned by third parties.

List of assets (movable property), which are accounted for on the balance sheet of the enterprise and are included in the privatization object: 2 units of equipment (for more details see the appendix to the information notification).

List of leased property: as of 30.09.2024 there are no lease agreements.

The Company does not emit or discharge pollutants into the environment.

On the territory of the enterprise there is a communal property (the owner is the Rivne City Council), namely: a storage facility with a total area of 2,555.5 sq. m, at the address: 25, Danyla Halytskoho St., Rivne city. The object of civil protection is the basement of the building No.2.

Privatization conditions:

  • 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 Fridays from 8:00 to 15:45.

Phone: +380362-68-40-07, e-mail: rivne@spfu.gov.ua.

Responsible person: Anatoliy Franchuk.

Auction organizer: Regional 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 26.12.2024
Part Capital 50% + 1 share
Asset address 33000, Ukraine, Rivne Oblast, Rivne city, 25, Danyla Halytskoho St.
Region Rivne
Type of activity according to NACE 26.30 Manufacture of communication equipment (main)
27.51 Manufacture of electric domestic appliances
28.49 Manufacture of other machine tools
25.61 Treatment and coating of metals
25.62 Machining
26.51 Manufacture of instruments and appliances for measuring, testing and navigation
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 March 10, 2023 No. 465 "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 (with Amendments)"
Order of the SPFU RV on the decision on privatization № 201 dated 03.04.2023
Method of privatization Auction with/without conditions
Initial cost 60 779 307,27
Warranty fee 12 155 861,45
Acceptance of applications to 25/12/2024

Be the first to question “ State block of shares in the amount of 50% + 1 share in the authorized capital of PJSC “Rivne Radio Engineering Plant” ”