Business news from Ukraine

Business news from Ukraine

By end of 2026, Ukraine plans to put Mykolaiv Alumina Plant, Odesa Port Plant, and other major assets up for sale

26 June , 2026  

The State Property Fund of Ukraine (SPFU) plans to put priority assets up for sale by the end of this year, specifically the Odesa Port Plant (OPP), the Mykolaiv Alumina Plant, and the “Ocean Plaza” shopping mall in Kyiv, said Fund Head Dmytro Natalukha at the Ukraine Recovery Conference (URC 2026) in Gdańsk, Poland, on Thursday.

“There are assets that were nationalized, either from Russia or from Russian citizens subject to sanctions. These include fertilizer production facilities, chemical plants, heavy machinery manufacturers, and so on. What they have in common is that they are large-scale and require fairly multi-level investment—capital investment—and we can identify which ones can be sold more quickly. And we plan to divest 7–8% of these assets this year,” he said during the conference.

Natalukha reported that, in particular, the Odesa Port Plant (OPZ) will be put up for sale in the third quarter.

He also noted that the Mykolaiv Alumina Plant, “a shopping complex nationalized from the Rotterberg brothers in Kyiv, and other valuable assets” are currently up for sale.

As previously reported, the published plan for preparing assets prioritized for sale in 2026 provides, in particular, the sale in September–October 2026 of OPZ JSC with a starting price of 4.3 billion UAH and Demurinsky Mining and Processing Plant LLC for 1.8 billion UAH, as well as the Kyiv-based “Ocean Plaza” shopping and entertainment center for 11.3 billion UAH in November–December.

In addition, an auction for the sale of Nikolayev Alumina Plant LLC is also scheduled for November–December.

Meanwhile, an auction is scheduled for August–September to sell Glukhiv Quartzite Quarry LLC with a starting price of 50 million UAH, and for September–October—Sumykhimprom JSC for 1.01 billion UAH and Motordetal-Konotop LLC for 390 million UAH.

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