UMCC

40 thousand tons of ilmenite concentrate have already been accumulated in the ports of Szczecin and Constanta

The auction for the sale of secondary scrap metal is scheduled for November 18, 2022

We are talking about sending a batch of 40 thousand tons, previously blocked in one of the Ukrainian seaports

The scheduled auction failed due to an insufficient number of bidders

The initial auction failed due to an insufficient number of bidders

A wide range of investors, including foreign ones, have submitted their preliminary expression of interest in the asset

The first large privatization tenders are to take place in the summer. Among the priority assets are UMCC and Bolshevik plant

Small privatization will continue

The rest of them are expected to be transferred to the State Property Fund for privatization until 31 December

The audit of UMCC will be completed in December. The auction was scheduled for February — March 2020

The company’s management hope that the privatization will be completed in a timely and transparent manner