The State Property Fund of Ukraine invites investors to an online auction for the privatization of “Hlukhiv Quartzite Quarry” LLC, which was confiscated as state revenue pursuant to a decision by the High Anti-Corruption Court.

To participate in the auction: https://prozorro.sale/auction/SAE001-UA-20260921-86139/

Starting price: UAH 49.32 million excluding VAT (initial value: UAH 98.64 million).

Auction date: October 22, 2026.

Applications for participation may be submitted until October 21, 2026.

The “Hlukhiv Quartzite Quarry” has been operating since 1928 at the Banitsa deposit, which contains unique, high-purity quartzites (over 99% SiO₂). This is a critical raw material for the metallurgy, electrical engineering, automotive, aviation, medical, and defense industries—a promising asset for revitalization and development.

What does the investor receive?

100% of the company’s corporate rights;

22 real estate properties with a total area of over 9,100 m²;

60 items of property and equipment;

6 leased land plots with a total area of 37.02 hectares;

the opportunity to resume production of high-purity quartzite and realize the company’s industrial potential.

All proceeds from the sale of sanctioned assets will be directed to the fund for addressing the consequences of Russia’s armed aggression.

This is your chance to invest in a manufacturing complex with potential for recovery and growth!