Nemiroff owner privatizes UkrSpyrt factory for nearly $2 million

For a long time, Ukrainian companies that produce vodka, had been the main buyers of UkrSpyrt’s potable ethanol, the raw material for their products. Starting in 2020, the law on liberalization of the alcohol market abolished the state monopoly on the production of alcohol, making it also possible to start selling the property of UkrSpyrt, an enterprise criticized for being corrupt and inefficient.