Ukraine

State-owned wine producer Odesavynprom privatized for $8.7 million

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State-owned wine producer Odesavynprom privatized for $8.7 million
(pfu.gov.ua)

The privatization of Ukraine's oldest wine-making enterprise located in the southern Black Sea port city of Odesa has been officially completed, the State Property Fund of Ukraine announced on Nov. 25.

The buyer is Kaplor 7, an Odesa-based company, which paid three times the starting price. The purchase includes a 22,000 square meter property, production buildings, a warehouse, and cellars.

This is the largest privatization held in Odesa Oblast and the fourth biggest auction in Ukraine in the past two years.

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Asami Terajima

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Asami Terajima is a reporter at the Kyiv Independent covering Ukrainian military issues, front-line developments, and politics. She is the co-author of the weekly War Notes newsletter. She previously worked as a business reporter for the Kyiv Post focusing on international trade, infrastructure, investment, and energy. Originally from Japan, Terajima moved to Ukraine during childhood and completed her bachelor’s degree in Business Administration in the U.S. She is the winner of the Thomson Reuters Foundation's Kurt Schork Award in International Journalism 2023 (Local Reporter category) and the George Weidenfeld Prize, awarded as part of Germany's Axel Springer Prize 2023. She was also featured in the Media Development Foundation’s “25 under 25: Young and Bold” 2023 list of emerging media makers in Ukraine.

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