The State Property Fund put Belgorod-Dniester port up for sale for almost 190 million
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On March 3, the State Property Fund will hold a privatization auction for the sale of the Belgorod-Dniester Sea Trade Port. The starting price is UAH 187.6 million (without VAT). This was reported by the press service of the Foundation.
Photo: facebook.com/bdcseaport 3
Auctions will be held on Prozorro. The guarantee fee for participation in the auction is UAH 37.5 million (without VAT).
“This is the second privatization of the port since independence. Attracting a private investor for the unprofitable Belgorod-Dniester port is an impetus for the development of its infrastructure and the creation of additional jobs,” said Dmytro Klymenkov, the first deputy head of the Federal State University.
Losses
The Fund noted that in recent years the Belgorod-Dniester port has shown significant losses: in 2019-2021, the damage fluctuated between UAH 23.5-28.5 million.
“The negative trend was also observed in 2022. In January-September of last year, the port received UAH 2.9 million in damages,” the message says.
As of September 30, 2022, the port has accumulated UAH 104.7 million in overdue payables. The most debts are due to taxes on wages (UAH 27.3 million) and real estate (UAH 23.6 million).
The port also owes UAH 13.7 million in wages. Since 2019, 88 workers have resigned from the port. As of January-September 2022, 148 workers worked there.
“Now, due to the full-scale invasion of Russian troops, the port of Belgorod-Dniester is blocked from the sea. However, he did not stop. Cargo transshipment takes place here in the status of a “dry port,” the Foundation notes.
Read also: The state property fund sold the sea trade port. The price is 201 million hryvnias
Belgorod-Dniester port
The Belgorod-Dniester port is located on the western shore of the Dniester estuary. It is located on 59 hectares of the main territory of the port (with access to nine berths) and more than 5 hectares of the territory of the Bugaz port point (one berth) in the village of Zatoka.
The port also includes nine vessels, four locomotives, 18 gantry cranes and 56 vehicles (part of which is leased).
“The buyer of the port is obliged to repay the debts for wages and to the budget within six months. Also, he will not be able to fire workers on his own initiative during this period. The starting price is calculated based on the book value of the port’s assets. During martial law, the buyer of the port is not subject to investment obligations,” explained the Fund.
Author: News editor Roman Myronchuk writes on the following topics: Economy, finance, banks, cryptocurrencies, investments, technologies
Source: Ministry of Finance
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