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Bilshovyk plant: Investors to start working on concept of plant revitalization

Source : 112 Ukraine

When developing the concept, investors plan to use the experience gained in the process of revitalizing the former territory of the Arsenal plant
22:14, 27 October 2021

Bilshovyk Plant, Kyiv
Panoramio

The consortium of investors, which acquired the Bilshovyk plant in the capital at a privatization auction, plans to revitalize the territory, taking into account the interests of all stakeholders, and will begin work on elaborating the concept. This was reported by the press service of UDP under the management of Q Partners businessman Andriy Ivanov, Interfax-Ukraine reports.

"Our task is to turn the dying plant into an object that will benefit the city, citizens, the state and will blend harmoniously into the city infrastructure. It is too early to talk about the concept - it should be preceded by its detailed elaboration," the press service said.

It is noted that when developing the concept, investors plan to use the experience gained in the process of revitalizing the former territory of the Arsenal plant.

The State Property Fund (SPF) during an auction held on Wednesday sold the First Kyiv Machine-Building Plant JSC (previously the Bilshovyk plant) for UAH 1.429 billion.

The auction, which lasted about 10 minutes, was held in one round, during which participant 3 offered a price of UAH 1.409 billion, and participant 1, which was General Commerce LLC, offered UAH 1.429 billion.

The price grew by UAH 40 million.

Participant 2 was Invest Novatsiia LLC, participant 3 was Developing Company Kaskad LLC.

General Commerce LLC was registered in Kyiv in 2018, the charter capital is UAH 4,100. Its head is Ihor Khyzhniak.

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