First Auction for Nationalized Ukraine Hlukhiv Quartzite Quarry Fails without Bidders

First auction for nationalized Ukraine Hlukhiv Quartzite Quarry fails without bidders

The first auction for the sale of Hlukhiv Quartzite Quarry LLC (Banychi village, Shostka district, Sumy region) and 22 real estate properties that were controlled by Russian oligarch Oleg Deripaska and confiscated in favor of the state under a February 2023 ruling by the High Anti-Corruption Court (HACC) pursuant to the sanctions law failed due to a lack of participants, according to a statement on the Prozorro.Sale website.