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Odessa winery was privatized for UAH 235 mln.

Odessa winery was privatized for UAH 235 mln.

The winner of the auction Odesavinprom plant paid UAH 235 mln ($8.7 mln), announced the State Property Fund. Under the terms of privatization, the new owner must ensure the preservation of the core business of grape wine production for three years, during which time he must also fulfill social guarantees for employees. The privatization auction took place on September 14, with a starting price of UAH 65.3 mln ($2.4 mln).

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