The Austrian company Head, the world’s largest manufacturer of sports equipment, has bought 25 hectares of land in Vinnytsia for the construction of a winter sports equipment factory.
On March 29, 2019, during the 39th session of the city council of the 7th convocation, deputies approved the decision “On the establishment of results of land auction”.
The decision concerns the sale auction of the land plot at the address: 213 Nemyrivske shose. The area of the land is 25 hectares. It has a special purpose “industrial land”, namely land is provided for the location and operation of main, subsidiary and auxiliary buildings and facilities of processing enterprises, machine building and other industries.
Land auction was organized by the Department of Land Resources of Vinnytsia City Council in accordance with the requirements of the current legislation of Ukraine. There were two participating companies LLC “Head Vinnytsia” and PJSC “Vinnytsya Oil and Fat Factory”. The initial cost of the land plot for participants was 30 million UAH. In the course of the auction, the starting price was increased by 15%. The auction participant – “Head Vinnytsia” offered the highest price. As a result, the right to own a 25-hectare land plot was sold for 34, 5 million UAH.
Reference
Head International Holding GmbH is an Austrian corporation that produces sports equipment for winter sports, tennis and scuba diving. The company’s production is located in Austria, the Czech Republic, Bulgaria, China. The company is present in 85 countries of the world.