The breakdown of the Volyntorf SE may scare in investors - the media

The Ukrainian budget can not receive UAH 254 million, and Ukraine can get a "spot" on investment attractiveness. The privatization of the State Enterprise "Volyntorf", which at the open auction of the State Property Fund was purchased by LLC "Agrobiostandart" for UAH 254. 7 million (taking into account the payment of previous debts), can be tolerated. At the same time, the starting price at the auction was UAH 190 million.

The investor notes that these actions can be the controllers of the enterprise "Volynprodresurs", which is advantageous that "Volyntorf" remains state for participation in corruption schemes, Censor reports. "We, as investors, have purchased this enterprise, and today, due to the breakdown of local corrupt officials, the state may not receive UAH 250 million.

This money that is so necessary during the fight against the aggressor," said the shareholder of Agrobiostart LLC Konstantin Brovchenko at a press conference. According to him, Volyntorf produces peat for fuel manufacturing, which is used for heating homes, and is also used as a raw material for large boilers.

In 2016, at the initiative of Anatoliy Kapustyuk, the Volyn Natrodresurs Municipal Enterprise was established at the Volyn Regional Council, which officials gave all regional licenses for peat, amber and copper production. Because of this, the state "Volyntorf" was forced to work with "Volyn Natrodresourns", processing its raw materials and selling the municipal enterprise peat for 2 thousand UAH/t, while the market price of a ton of peat is 5 thousand UAH/t.

"This means that" Volynprodrostresurs ", through false companies, continues to sell it all to the population (which is cash) and various enterprises. It is about at least 100 million UAH annually, which are stolen at the state -owned enterprise," - said Brovchenko, add To keep Volyntorf state -owned.

The investor notes that two weeks after the Auction of the State Property Fund of the DBR and the Capital Prosecutor's Office opened criminal proceedings in which the Agrobio Standard is accused of the State Property Fund for illegal privatization ". Investigators insist that no preliminary assessment of the property of the SE, which, according to their data, had to amount to UAH 350-400 million before the auction. Volyntorf property was arrested.

At the same time, the lawyer of "Agrobio Standard" Oksana Malenko notes that according to the law "On privatization" the preliminary estimate is not carried out, and the starting price of the enterprise is determined in view of its balance sheet value. What the State Property Fund did. Brovchenko notes that after the arrest of the property of "Volyntorf" he was approached by the head of "Volyn Natrodresursus" Kapustyuk - to negotiate.

"He came to me, with a specific proposal that they - the authors of criminal cases - will close these cases, and we have to give 50% of our company. Such a proposal. OOCI OPG is now taking place on the ground," Brovchenko said. "Ukrainian investor" Agrobiostandart "bought on the transparent asset of SE" Volintorf ", paid for it UAH 254. 7 million at the starting in 190. 19 million. The profit paid for 42 years in advance! Ebidta and Capex tell us about the investor's faith in the prospects of Ukraine.

Because without faith and patriotism they are not bought. The Ukrainian investor bought to develop, because he was born, grown and interested in the development "Volyntorf" on Facebook PR strateg Sergey Didkovsky. He is wondering how much this history will contribute to Ukraine's investment attractiveness. "In fact - after payment of the DBR opens the case and seizes the property of" Volyntorf ". As if it were misunderstood. It is wrong because it is not worth 190 million, but apparently cheaper.

The asset sold the State Property Fund of Ukraine. Whether it is possible to attract foreign investments for such conditions? No. Because foreign investors are not needed. They were not born here and perceive Ukraine in the context of dividends from investments and risks. This is normal. Their auditors will come to Volyntorf, calculate scrap for 20 million hryvnias and will not reach trading Or buy exclusively resources and will export them for processing in the EU.