rivne-automobile-plant-returned-to-state-ownership

Rivne automobile plant returned to state ownership

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The sale and purchase agreement has been terminated, and the property of the Rivne Automobile Repair Plant, worth more than UAH 147 million, has been transferred to the state-owned enterprise. UNN reports with reference to the press service of the Rivne Regional Prosecutor's Office. 

Details

Prosecutors found that the company had not paid its wage arrears or budget debts. The previous contract was terminated.

Rivne Automobile Plant was returned to state ownership.

For reference

The property was transferred to a private company in 2023 as a result of a small-scale privatization auction with the participation of the regional office of the SPFU in Rivne and Zhytomyr regions.

В Одесі повернули державі пам'ятку архітектури вартістю 75 млн гривень27.07.24, 12:28

The buyer acquired Rivne Automobile Repair Plant for UAH 3 million. According to the agreement, he was to ensure the economic development of the enterprise, pay off wage arrears, save jobs, attract investments and fill the budget.

The prosecutors found violations of these obligations. The prosecutor's office took measures to protect property interests in court.

Після двох років судової тяганини: Вишнівецький палац на Тернопільщині повернули у власність держави28.05.24, 14:44

Ihor Telezhnikov

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