The Ukraine State Property Fund sells a 150-year-old distillery.

The State Property Fund (SPFU) submitted for the privatization of the Chervonoslobidsky distillery in the Buchansky district of the Kyiv region. The starting price is UAH 9.7M ($260,000), and the auction will take place on August 29.

Founded in 1881, the distillery was modernized in 2019. The primary type of activity is the production of ethyl-rectified alcohol. The facility’s production capacity is 31,500 liters per day. The distillery includes four properties with a total area of 1,698 square meters, including a workshop, storage, laboratory, a part of the dining room, and seven vehicles. In addition to the final offer, the auction winner must pay UAH 9.7M of the company’s debts to employees and the state budget.

Distilleries are very popular among entrepreneurs – on average, six participants compete for one lot. In 2023, the SPFU found private investors for six distilleries and five property lots of the state-owned enterprise Ukrspirt. Privatization of these assets realized UAH 329M.