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Hlukhiv Quartzite Quarry LLC: Major Investor Asset

The State Property Fund of Ukraine has listed a 100% state-owned stake in the charter capital of "Hlukhiv Quartzite Quarry" LLC for online auction, alongside 22 real estate properties recovered to state revenue pursuant to the High Anti-Corruption Court decision of February 16, 2023, in case No. 991/265/23 (partially overturned by the verdict of the Appellate Chamber of the High Anti-Corruption Court on June 16, 2023).

Location: Banychi village, Hlukhiv district, Sumy region.

This represents a complex industrial asset featuring a production base with significant potential for rehabilitation and growth.

What the investor acquires:

  • 100% of corporate rights in the company

  • 60 items of equipment and operational property

  • 22 real estate properties (production, warehouse, and auxiliary facilities) spanning over 9,100 m² in total area

  • 6 leased land plots covering a total area of 37.02 hectares

Operational since 1928, "Hlukhiv Quartzite Quarry" specialized in the extraction and primary processing of quartzites for the metallurgical industry. The Banychi deposit is renowned for its unique, high-purity quartzites containing over 99% silicon dioxide—a raw material widely utilized in metallurgy, electronics, automotive, aviation, medical, defense, and other sectors.

Following the start of the full-scale war, extraction operations were suspended, and all machinery and equipment were mothballed. The new owner will have the opportunity to resume operations and unlock the enterprise's industrial potential.

Auction details:

A prime opportunity to invest in a major manufacturing complex with real estate, equipment, and production restart prospects!