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A starting price of almost UAH 1.4 bln was proposed for the Bilshovyk plant.

Tuesday, September 7, 2021

The Auction Commission for the privatization of the First Kyiv Machine-Building Plant (formerly Bilshovyk), has proposed a starting price of UAH 1.398 billion, the Head of the State Property Fund (SPF) Dmytro Sennychenko has revealed. He acknowledged that “The privatization of the Bilshovyk plant is a chance for a second life for this enterprise, which is more than UAH 500 million in debt.” Investments of more than UAH 57 million will be needed for repair and modernization.

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