The Sverdlovsk region prepares to privatize poultry farms

17.12.2012 — News

SVERDLOVSK REGION

State unitary enterprises and joint-stock companies in the Sverdlovsk region are undergoing audits, on the basis of which final decisions will be made regarding the time frame and terms of their privatization.

Aleksei Pyankov, the minister for managing state assets, told RusBusinessNews that four poultry farms are receiving particular attention. The sale of the Sverdlovskaya and Pervouralskaya factory farms is scheduled for 2013. The estimated worth of their total net assets is 1.8 billion rubles. The Reftinskaya and Sredneuralskaya factories could be put up for auction in 2014. Based on their financial reports, they are valued at 2.9 billion rubles.

The scheduled dates for privatization could be delayed until the companies have updated their equipment. Any potential buyers will have to agree not to lay off any workers at the poultry farms during their first year of ownership.

The government of the Sverdlovsk region is also preparing to transform the SUE Monetny Shchebenochny Zavod into a joint-stock company and then sell it, after divesting the non-core assets. According to the program for managing state assets, that firm will be sold in 2013 for a price of at least 600 million rubles.

All of the 2013 privatizations will contribute a total of at least three billion rubles to the regional budget, and at least 3.2 billion in 2014.