GDC Ukraine ltd received approval from the ACU for the purchase of the Lviv Jewelry Factory for UAH 185 million

GDC Ukraine ltd received approval from the ACU for the purchase of the Lviv Jewelry Factory for UAH 185 million

The auction for the sale of 100% of the authorized capital of the Lviv Jewelry Factory joint-stock company took place back in October 2022

Reportedly, this was the last of the necessary permits for the buyer of a large state-owned jewelry factory in Lviv.

At the auction for the sale of the plant, the only bidder was GDC Ukraine ltd. With a initial offer of UAH 185.4 million GDC Ukraine ltd became a winner, and in November 2022 a purchase and sale agreement was signed with the company.

Area of the property of the plant is 6151 m², located 90 Antonovycha Street, Lviv city.

JSC “Lviv Jewelry Plant” specializes in the manufacture of jewelry made of precious metals (gold, silver), precious metals with inserts of precious and semi-precious stones (diamonds, amethysts, sapphires, topazes, emeralds, garnets, amber, citrine, quartz, pearls, zircons, etc.). The company’s commercial products are rings, earrings, pendants, brooches, bracelets and chains, necklaces, tie clips, key chains, cufflinks, as well as silver crockery. The company also manufactures products from non-precious metals (medals, signs, badges, state awards, distinctions, etc.). All types of products are produced by the company both from its own raw materials and from raw materials of customers.

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