Ukraine looks to sell major industrial enterprises in Zaporizhzhia Oblast

22 February, 12:03 AM
ZTMC, Silicon Polymer and ZALK to be sold to private hands (Photo:State Property Fund of Ukraine via Facebook)

ZTMC, Silicon Polymer and ZALK to be sold to private hands (Photo:State Property Fund of Ukraine via Facebook)

The State Property Fund of Ukraine plans to sell three major industrial businesses in Zaporizhzhia Oblast, which produce aluminum, titanium, and silicon products, the fund said in a Facebook post on Feb. 21.

The government is looking to sell Kremniypolimer, Zaporizhzhia Titanium-Magnesium Factory, and Zaporizhzhia Aluminum Factory.

The message suggests all three enterprises would be sound investments for potential buyers, since they are the only producers of sponge titanium and primary aluminum in Europe, while Kremniypolimer is the only source of silicon products in Ukraine.

Video of day

Earlier, the fund said it also plans to sell the property of former Arsenal factory in central Kyiv – a lucrative piece of real estate.

We’re bringing the voice of Ukraine to the world. Support us with a one-time donation, or become a Patron!

Follow us on Twitter, Facebook and Google News

poster
Ukraine Today
Fresh daily newsletter covering the top headlines and developments in Ukraine
Daily at 9am EST
Show more news
X