The sale of the factory seized to businessman Savvidi in Ukraine was announced 16:27

The PentoPak factory in Ukraine, seized by Russian businessman Ivan Savvidi, was sold. Vitaly Koval, head of the country’s State Property Fund (SPFU), announced this on his Telegram channel.

According to Koval, the company was sold at auction for $2.5 million.

“The market determined the value of this object, and in the re-auction the winning bid was just over 103 million hryvnia,” Koval said.

It was noted that the buyer must pay the lot fee within 20 days. The PentoPak factory was seized from the family of Russian-Greek oligarch Savvidi. Proceeds from the sale will go to the Ukrainian Reconstruction Fund.

Previously US and French presidents Joe Biden and Emmanuel Macron supported Kiev’s use of profits from Russian assets. This was stated in the statement made by the two leaders of the countries on the White House website after the American president’s visit to Paris.

27 May Australian Deputy Prime Minister Richard Marles statedthat the country will not transfer frozen Russian assets to Ukraine.

Formerly the Council of Ministers of Ukraine acceptance The Odessa oil refinery was seized by force.

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Source: Gazeta


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