Transparent privatization: Cherkasy Instrument-Making Plant is put up for an online auction

On March 1, 2021, an online auction will be held for the privatization of the state block of shares in the amount of 99.4554% in the authorized capital of the joint-stock company "Cherkasy Instrument-Making Plant".

Since 2004, the company has specialized in the production of electrical appliances for the tractor and automotive industries of Ukraine. The main activity according to the NACE is the production of electric motors, generators and transformers. Among other types of activity: production of electrical household appliances, machining of metal products, production of tools, electrical work, etc.

In May 2018, production activity was stopped. At present, JSC "Cherkasy Instrument-Making Plant" cannot resume production on its own due to lack of necessary funds to attract specialists, restoration of design and technological documentation. The main source of the Company's income as of today is the lease of premises.

The company is located at: 5/1, 30 rokiv Peremogy,  Cherkasy city ,  5/1, owns a complex of buildings with a total area of 88,042 sq.m, targets for production and storage mainly. The total area of 5 land plots of the plant is 21.1 hectares.

The starting price for the state-owned stake in the Cherkasy Instrument-Making Plant is UAH 14,452,823, and applications for participation in the online auction will be accepted until February 28, 2021.

More information on Cherkasy Instrument-Making Plant you can read for the link:https://bit.ly/39Wsh5I