The joint-stock company Odessa Port Plant (OPP, Yuzhny, Odessa region) will hold an extraordinary general meeting of shareholders on December 22, 2025, remotely, by means of a poll, according to a statement from the depositary institution.
OPZ is one of Ukraine’s largest chemical assets (ammonia and urea production), with a controlling stake of 99.5667% owned by the state. In 2025, it was put up for privatization through Prozorro.Sale with a starting price of UAH 4.488 billion, but the auction did not take place.
According to the FGI, as of September 30, 2025, the company employed 1,420 people, and its overdue accounts payable amounted to UAH 17.19 billion, including UAH 214.4 million in salary arrears and UAH 233.9 million in budget arrears.
In recent years, the plant has repeatedly stopped fertilizer production and has actually been operating in limited modes, shifting its focus to transshipment and related services. In particular, management reported that after an unsuccessful attempt to restart ammonia production in 2024, the company received revenue from grain transshipment, but at the end of June 2025, Russian strikes damaged the warehouses, leading to the suspension of these operations.
