The State Property Fund has announced the sale of the Aluminum Foil Works in Zaporozhye.

The starting price is 966.43 million UAH, or 1.16 billion UAH with VAT. The fund accepts all offers by April 3.

The company has not been operating since the date of its creation – in 2004. It employs the director, chief accountant and the storekeeper.

The previous auction was held in October 2016.

In 1995 Zaporozhye Aluminum Works received a loan of $76.45 million to construct the Aluminum Foil Works to produce food packaging. (Ukrainian metal)

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