The Ministry of Land Property of Bashkiria has announced new tenders for the privatization of Yanaulsky Greenhouse Plant LLC in the amount of 100% of the authorized capital. The company is sold through a public offer, the initial price of the lot of 21.8 million rubles can be reduced to 10.9 million rubles during the procedure.
Applications for participation in the auction are accepted until September 9, the procedure itself is scheduled for September 20. A deposit of 20% of the initial lot price is required.
This is the sixth attempt in two years by the regional authorities to sell state property. The plant was put up for auction twice in 2021 and three times in 2022. All procedures were declared invalid due to the lack of applications.
The authorized capital of the plant is 42.3 million rubles, so they are trying to sell the lot at a price almost half the nominal price. The company’s property includes real estate with a total area of 38.4 thousand square meters. m in the village of Kisak-Kain, Yanaul district (administration building, greenhouse block, warehouses, canteen with a shop, etc.). The plant also owns communal facilities and land plots with an area of 171.7 thousand square meters. m, all property is pledged to JSC “Regional Fund”.
Last year, the authorities announced that the Turkish holding Agrodinamix would develop the plant, the investment in the project was estimated at 653 million rubles. The company planned to build 3 hectares of new generation greenhouses at the plant and expand vegetable production from 1,000 to 3,500 tons per year. In May 2022, the head of the Ministry of Land Property Natalya Polyanskaya, in a report to the deputies of the State Assembly, reported that a company interested in the project “took a timeout” to decide whether it would participate in the auction for the sale of the plant. There were no participants at the June and July auctions for the sale of the authorized capital of the plant. Earlier, experts interviewed by RBC Ufa noted that it is difficult to find buyers for the company because of its debt obligations.
LLC Greenhouse plant “Yanaulsky” was registered in May 2016. The founder is the Ministry of Land Property of Bashkiria. The organization is headed by Ildar Malikov. According to the Company’s RBC resource, in 2020 the enterprise worked with a revenue of 46.2 million rubles and a net loss of 31.5 million rubles.
