Big sale of Kvant: how the State Property Fund received more than twice the price for the plant’s shares
25 September 2025 15:25
The State Property Fund of Ukraine has held an auction for the privatization of a 73.2784% stake in the authorized capital of JSC Plant Kvant. The auction was held through the Prozorro.Sale system, "Komersant Ukrainian" reports.
Five bidders took part, and the final price increased by 2.32 times compared to the starting price. The stake was sold for UAH 401.5 million. The highest bidder was General Agro Trade LLC.
Requirements for the buyer and terms of sale
The key conditions for privatization include mandatory obligations to
- repayment of wage and budget arrears within six months
- retaining employees at the company for at least six months.
Potential and strategic importance of Kvant
The Kvant plant is located in the Holosiivskyi district of Kyiv. It has a large area of production facilities, almost 30 real estate units, including buildings, a transformer substation, a car repair shop, and a civil defense facility.
The plant’s main activities include the production of medical and radiotherapy equipment and medical and dental instruments; leasing and operation of own or leased real estate.
History and challenges of Kvant
- In 1998, the plant was declared bankrupt.
- In 2011, Kvant became part of Ukroboronprom.
- In 2016, the bankruptcy case was terminated by the Supreme Economic Court.
- In 2018, the company was subjected to a raider attack.
Consequences and prospects
- The sale will allow the state to receive a significant resource – UAH 401.5 million – which can be used for economic development or national defense.
- The new owner, according to the SPFU, should modernize production facilities and create new jobs.
- Given its strategic location and production profile, Kvant can play a role in localizing the production of medical equipment (especially in the face of growing demand during the war).
