Rus News Journal

FGI sells the Rovno radio engineering factory

Today Fund of state property of Ukraine (FGI) declared competition with use of an openness of the offer of the price by an auction principle on sale of 50 % + 1 action of Open Society the Rovno radio engineering factory .
Competition will take place in 75 days after the announcement. The initial price of a package - 16,541 million grivnas. Competition conditions provide preservation of kinds of activity of the enterprise, existing at the moment of share holding acquisition (including manufacture of radio-electronic equipment); achievement of following volumes of output within three years: the first year - 3,5 million the grivnas, the second year - 4,5 million grivnas, the third year - 5,5 million grivnas; timely repayment of credits if they are involved under government guarantees.

Open Society the Rovno radio engineering factory specialises on industrial function production. In January - March, 2006 the enterprise has let out production for the sum of 2100,9 thousand grivnas, realised - on 2100,9 thousand grivnas, the balance profit has made 9,2 thousand grivnas. The enterprise debt receivable has made 1725,2 thousand grivnas, creditor - 5427 thousand grivnas. Cost of actives has made 58313,2 thousand grivnas. The ustavnyj fund of Open Society makes 11211,594 thousand grivnas.

According to data GKTSBFR of Ukraine, on the end of 2005 20,83 % of actions of the Rovno radio engineering factory belonged DP Region - Invest (Exactly).