HomeEconomyUkrspirt is on the...

Ukrspirt is on the verge of bankruptcy – State Audit Service

Photo: Ukrspirt

The total amount of identified shortcomings and violations in the use of property and funds of enterprises is more than UAH 330 million.

The state monopolist, State Enterprise Ukrspirt, has completely stopped its production activities since April 2023 and has a multimillion-dollar overdue debt to the state budget and other creditors. This is confirmed by the results of the financial audit of the State Audit Service.

In 2020, demonopolization and reform of the alcohol industry began. It is expected that the state budget will receive about 5 billion UAH. The privatization of the premises of production activities (LPP) and alcohol storage of the State Enterprise Ukrspirt should be completed in 2021.

As of April 1, 2024, eight enterprises included in Ukrspirt State Enterprise remain non-privatized, as a result of which the State Enterprise did not receive UAH 95.7 million of the planned income from privatization (the book value of the property, which must have been paid for separately by the auction winner). In addition, the company incurred more than UAH 70 million in additional costs for maintaining non-operating businesses and loss of assets worth UAH 5.2 million.

These factors caused the State Enterprise Ukrspirt to be unable to pay its overdue debt to the state budget and other creditors by the end of 2023.

Also, as a result of the ineffective management decisions of the former management of the State Enterprise Ukrspirt regarding the untimely implementation of the decision of the Antimonopoly Committee of Ukraine, the enterprise incurred non-productive costs for the payment of accrued penalties in amount UAH 33 million.

The total amount of identified shortcomings and violations in the use of property and funds of enterprises is more than UAH 330 million.

The State Audit Service stated that the failure of the State Enterprise Ukrspirt to fulfill its obligations to the budget and contractors (due to the lack of working capital) will lead to additional costs due to the payment of penalties in the amount of UAH 29.3 million and in the event that the courts make decisions in favor of the plaintiffs in other matters – in the amount of UAH 8.4 million.

We remind you that the court opened bankruptcy proceedings at Kharkov Bicycle Plant PrJSC, which produced bicycles under the Ukrainian brand.

Earlier, the Economic Court of Kyiv opened bankruptcy proceedings for Ukraine International Airlines (UIA).

New Correspondent.net on Telegram and WhatsApp. Subscribe to our channels Athletistic and WhatsApp

Source: korrespondent

- A word from our sponsors -

Most Popular

LEAVE A REPLY

Please enter your comment!
Please enter your name here

More from Author

- A word from our sponsors -

Read Now

Russia will help you go to the depression of swamp bombing – Reuters

The country of the aggressor will not be able to quickly replace the strategic aircraft that were lost as a result of a wide security service for websites. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle...

Possible GTA 6 leakage reveals news in the gameplay

Some items and details about news from the new Grand Theft Auto VI game were possibly leaked on social networks; look!It will be? A new Reddit publication has created more speculation about what players can expect from 'Grand Theft Auto VI'. The game, officially postponed in early...

In Latka, the skeleton of the bend and posts (photographs) was struck

As a result of the Russian attack, the number of death in Latsk increased. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } Rescuers owed the body of a 27-year-old dead...

The Russian Federation was elected in Magatta in the void, the busy Zaes will begin

The country aggressor announced the desire to restart the occupied Zaporizhjhya NPP. .in_text_content_22 {width: 300px; Height: 600px; } @Media (min-width: 600px) {.in_text_content_22 {width: 580px; Height: 400px; }} .Adsbygoogle {Touch-Action: Manipulation; } The invaders have already contacted the IAEA so that the...

James Gunn confirms post-credit scene in ‘Superman’

With the next launch, the new creative director of the DC universe, James Gunn, confirms that 'Superman' will have scenes you creditsThe premiere of the new Steel Man movie is getting closer and closer and with it news is being released by the producers. 'Superman' will be...