The State Property Fund has announced an auction to privatize the state packet of shares (97.5458%) of the Zaporizhzhia Aluminum Combine. The auction will be held on November 4 in the Prozorro.Sales electronic trade system. The bids are accepted until November 3. The starting price is 151.9 million UAH. The lot includes: – 1497 units…
On November 7, the State Property Fund will again put the Zaporozhye Aluminum Works JSC up for auction. The fund will auction 97.5458% of the statutory capital of the company, which equals 607,446,012 shares. The starting price of the lot is 151.8 million UAH. The auction will be held on the Prozorro.Sales platform. In H1,…
The repeated auction to sell 97.5458% of shares of the Zaporozhye Aluminum Combine JSC with the reduced starting price of 75.93 million UAH, scheduled for August 22, was not held. The hybrid Dutch auction was canceled due to lack of bidders. The initial auction with the starting price of 151.86 million UAH was scheduled for…
The State Property Fund will try to sell 97.55% of the Zaporizhia Aluminum Works’ shares on August 22. The auction will be held in the Prozorro.Sales system. At the first auction the price was set at 152 million UAH. For the second auction the price was decreased to 75.93 million UAH. The auction had to…
The auction to privatize 97.55% of Zaporozhye Aluminum Works, scheduled for August 6, didn’t take place due to the absence of participants. The State Property Fund intended to sell ZALK, which once was the only producer of primary aluminum in Ukraine, for 151.86 million UAH. According to rules, after a failed first attempt, a new…
The State Property Fund of Ukraine intends to sell Zaporozhye Aluminum Works. The starting price of the once giant of the non-ferrous metallurgy is 152 million UAH. The auction is scheduled for August 6. The fund has owned 97.5% of the enterprise shares since February. (Ukrainian metal)
The State Property Fund will put the nationalized Zaporozhye Aluminum Works for another privatization. According to the fund head Vitaliy Koval, the new owner will be able to change the activity of the enterprise. “Unfortunately, we have to admit, that the company is not in a very good state. It’s a pity to see in…
In 2020, Zaporozhye Aluminum Combine decreased net losses by 25.6% YoY, to 49.68 million UAH. In 2018, the company received a net loss of 9.7 million UAH and in 2017 – 279.48 million UAH. As of the end of 2020, the uncovered loss amounted to 7.14 billion UAH. ZAlK was the only manufacturer of primary…