The State Property Fund (SPF) of Ukraine has put 26% of the shares of PJSC "Naftokhimik Prykarpattia" (Nadvirnyansky Oil Refinery, Ivano-Frankivsk region) up for auction.
According to the announcement on prozorro.sale, the starting price for the package is UAH 440,449.1 thousand (excluding VAT), the deadline for submitting bids is November 19, and the auction date is November 20, 2024, with a guarantee deposit of UAH 88.09 million.
The total income of the enterprise for the first half of 2024 amounted to UAH 47.072 million, in 2023 – UAH 114.814 million, in 2022 – UAH 265.56 million, and in 2021 – UAH 2 billion 179.486 million.
The average number of employees in the summer of 2024 is 522.
"Naftokhimik Prykarpattia" has reservoirs for receiving and storing oil, but its primary oil refining capacities have been idle for over 10 years, and the production of petroleum products is not being carried out.
The management report of "Naftokhimik Prykarpattia" for the third quarter of 2024 notes that the reconstruction and modernization of the enterprise have been suspended due to the financial crisis, although work is ongoing to maintain the technological equipment in working condition, and salaries are being paid on time.
"Naftokhimik Prykarpattia" is controlled by a group of companies linked to the former shareholders of PrivatBank, who own over 70% of the company's shares, while the state, represented by the State Property Fund of Ukraine, holds 26% of the shares.