The starting price of the PentoPak plant exceeded 200 million Hryvnia. The proceeds from the sale will be used to restore Ukraine.
The State Property Fund put the plant up for sale PentoPak for the production of packaging for the meat processing industry, confiscated from the family of Russian-Greek oligarch Ivan Savvidi. The starting price is UAH 203.7 million, the head of the fund, Vitaliy Koval, told Telegram on Monday, May 6.
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“PentoPak today it is a profitable business with strong export potential. The plant cooperates with famous Ukrainian brands and exports products to more than 30 countries. The company has maintained 193 jobs and has no salary arrears or budget debt,” he said.
According to Koval, the company plans to modernize production and enter new markets for packaging materials for the dairy industry, fish processing and animal feed packaging.
Revenues from sales PentoPak sent to restore Ukraine. Online trading system Prozorro.Sales will take place on May 31.
Let’s recall that in February 2024, Ukraine confiscated the properties of the Russian-Greek oligarch Ivan Savvidi and his wife Kiriyaki. This businessman is closely connected with the Russian authorities and the ruling party United Russia.
Source: korrespondent
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.