The state package of shares in the Quantum plant, amounting to 73.3%, was successfully sold at an online auction for 401.5 million hryvnias. Five participants competed for the asset, which allowed the price to increase by 2.3 times during the bidding – the starting price was 173 million hryvnias.
This is reported by Kyiv24
A New Stage for the Quantum Enterprise
The auction took place in the electronic system “Prozorro.Sales”. The winner has already signed the auction protocol, thereby confirming their readiness to purchase the share package of the former defense plant. The next step will be the conclusion of the purchase agreement – this is only possible after the full payment of the lot’s value, which the winner has 20 working days from the date of the auction’s conclusion to complete.
Conditions and Obligations for the New Owner
As of the end of June, the enterprise had overdue debts to the budget amounting to nearly 1.6 million hryvnias. According to the privatization conditions, the auction winner must settle this amount within six months. Additionally, during this same period, the new owner is obligated to preserve jobs and not lay off any of the plant’s employees.
“The Quantum plant has received a chance to have a new owner – this is yet another example of transparent privatization of assets that the state does not utilize. The amount for which the plant will be privatized will significantly replenish the budget, as all state assets must work for the economy during the war,” noted Deputy Minister of Economy, Environment, and Agriculture of Ukraine Daria Marchak.
The realization of this privatization object will allow for additional funds to be attracted to the state budget and will contribute to more effective use of property that has long been underutilized.