The state-owned construction company Ukrbud will not be sold to a Georgian businessman due to sanctions. The State Property Fund of Ukraine (SPFU) refused to approve the results of an auction to sell a large privatization asset with 100% of the shares of the state joint-stock company Construction Company... #investments #PetroOilAndChemicals #PrivatizationUkraine #SPFU #TechnoOnline #Ukrbud
Ukrbud, the state-owned construction company, was sold for ₴805M as part of a large-scale privatization. The auction winner was the Petro Oil and Chemicals company, owned by Georgian citizen David Bezhuashvili. He offered a price 200% higher than the starting price of ₴262.6M (excluding VAT). The Cabinet... #DavidBezhuashvili #investments #PetroOilAndChemicals #PrivatizationUkraine #Ukrbud
