The state-owned enterprise “Forests of Ukraine” has completed auctions for the first quarter of 2026, during which almost all forest products were contracted, prices for hardwood species continued to rise, and prices for coniferous species stabilized, the press service of the state-owned enterprise reported.
“Forests of Ukraine” noted that the auctions were held for the first time under the zero quota for firewood exports introduced by the Cabinet of Ministers. However, in the process of competitive struggle for resources, market participants once again reached higher price levels.
Thus, 381,000 cubic meters were put up for quarterly auctions for the sale of industrial wood (PV), and almost 100% was contracted. Compared to the fourth quarter, the average price of firewood rose from UAH 2,300/cubic meter to UAH 2,600/cubic meter. The main reason was the rise in the price of hardwood from UAH 2,300/cubic meter to UAH 3,000/cubic meter. At the same time, the market value of softwood did not change significantly and amounted to UAH 2,400/cubic meter.
It is noted that the supply of firewood for sale by the State Enterprise “Forests of Ukraine” was distributed almost equally between quarterly and semi-annual (forward) auctions. The forward contracts for the first half of the year took place earlier: 100% of the resource (741 thousand cubic meters) was sold, with an average sale price of UAH 2.4 thousand/cubic meter.
“The tool for hedging price risks by concluding long-term contracts has once again proven its effectiveness. At least in the first quarter, products under semi-annual contracts for firewood will be slightly cheaper,” the state-owned enterprise stated.
Of the 775,000 cubic meters of round timber put up for sale at quarterly auctions, more than 99.5% was sold. The average selling price increased from UAH 6,800/cubic meter in the fourth quarter to UAH 7,300/cubic meter.
At the same time, “Forests of Ukraine” considers it incorrect to talk about a general increase in prices for commercial timber, since birch rose in price from UAH 5,700/cubic meter to UAH 7,600/cubic meter, oak from UAH 22,000/cubic meter to UAH 28,000/cubic meter, and ash from 8,000 UAH/cubic meter to 11,000 UAH/cubic meter. At the same time, alder has become cheaper, falling from 6,700 UAH/cubic meter to 5,900 UAH/cubic meter, and pine from 5,900 UAH/cubic meter to 5,600 UAH/cubic meter.
About 25% of the resource (654 thousand cubic meters) was put up for forward trading in commercial timber for the first half of the year. The average selling price at forward trading was slightly lower than the quarterly price and amounted to UAH 7.2 thousand/cubic meter. At the same time, while oak and ash were indeed contracted at prices lower than those at quarterly auctions, the situation was reversed for coniferous species, the state-owned enterprise noted.
PrivatBank has put up for auction on the Prozorro.Prozori electronic trading system the right to lease a sports infrastructure complex, which includes the Dnipro Arena stadium and a football training base with an indoor field.
According to the information in the system, the starting rent is UAH 2,698,700 per month (including VAT), the deadline for submitting bids is January 27, 2026, and the auction itself is scheduled for January 28, 2026.
It is also noted that the lease is offered for a term of one year with automatic renewal, the minimum price increase is set at 1%, and the security deposit is UAH 1,619,200.
According to the bank, the transfer of property for lease is carried out within the framework of the Strategy and Operational Plan for the Management of Problem Assets approved by the Supervisory Board, and the proceeds from the lease will be used to increase the bank’s financial results and, accordingly, the amount of taxes and dividends paid to the state budget.
Dnipro Arena is a European-class football stadium in Dnipro, renovated and opened in 2008, with a capacity of 31,003 seats. The football arena has a 105×68 m field, changing rooms, warm-up rooms, a gym, coaching rooms, rooms for media representatives, referees, a 296-seat VIP box, a 550-seat restaurant, and parking lots for athletes, staff, and spectators. The football field has a heating system, automatic irrigation, and artificial lighting for evening matches.
The training base is located in a forest park area in the Prydniprovsk district of Dnipro. Built in 1971, it was renovated in 2010. The training base includes three artificial and four grass fields, an indoor football field with artificial turf and stands for 506 seats, a cottage town for footballers to live in, and two office and residential buildings, including a medical and rehabilitation center, a conference room, rooms for coaching staff meetings, a swimming pool, a gym, a sauna, and showers.
As reported, the auction for the sale of the Dnipro Arena stadium and the former training base of the Dnipro football club, scheduled for October 30, 2025, did not take place due to a lack of bids. The initial cost of the lot was UAH 150 million, the guarantee deposit was 5% of the starting price (UAH 7.5 million), and bids were accepted from September 30 to October 29, 2025.
PrivatBank is Ukraine’s largest state-owned bank. According to the National Bank, PrivatBank’s total assets reached UAH 842.3 billion as of November 1, 2025.
JSC Tascombank has put up for auction the Slobozhanska Budivelnaya Keramika (SBK) porous ceramic block factory in the Kyiv region on the OpenMarket electronic platform (SE “SETAM” of the Ministry of Justice), according to the SETAM press service.
The auction for the Kyiv branch of SBK is scheduled for January 2, 2026, with applications accepted until January 1 and a starting price of UAH 76.8 million. The property is located in the Kyiv region, Borodianka district, village of Ozery.
The lot includes a production complex with a total area of 15,906.4 square meters, 212 units of industrial equipment, and a land plot.
The sale includes the right to conclude a financial leasing agreement and a purchase and sale agreement for real estate and movable property belonging to the bank.
Auction details and terms of participation are available at: is.gd/Jr3aDv
The OpenMarket electronic auction has been operating in Ukraine since 2014 and is a convenient tool for purchasing and selling property online. In total, assets worth over UAH 26.7 billion have already been sold through the system.
AUCTION, building ceramics, FACTORY, PRODUCTION, TASCOMBANK, СБК
The property of Novokakhovsky processed cheese factory LLC (Kherson region), which is in the process of bankruptcy, has been put up for auction with a starting price of UAH 4.91 million, according to the Ukrainian Universal Exchange.
According to the information provided by the resource, one lot has been put up for auction, which includes 17 items of movable property: food industry equipment, in particular, packaging machines of various years of manufacture, a separator, clip machines, a vacuum packaging machine, installations for melting food raw materials and cheese, as well as motor vehicles – three Jungheinrich and Goodsense forklifts.
The auction will be conducted according to the English model (with a gradual increase in bids – IF-U) with a step of 1% of the starting price. To participate, a 10% security deposit must be paid.
The customer of the auction is the arbitration manager and liquidator of the enterprise, acting on the basis of the decision of the Economic Court of the Kherson Region dated December 9, 2021. At the same time, the debtor’s property is pledged to ProCredit Bank JSC.
The plant’s property is located in a war zone. The liquidator has warned that he cannot guarantee the safe inspection or preservation of the equipment until it is transferred to the buyer.
Applications to participate in the auction will be accepted until January 6. The auction is scheduled for January 7, 2026.
Transmission system operators (TSOs) of Ukraine, Slovakia, Hungary, and Romania launched the first monthly auctions for the allocation of cross-border capacity on Monday, according to Ukrenergo.
They are being held on December 15-17 on the Joint Allocation Office (JAO) platform with delivery in January 2026. The final results of the auctions are to be announced on December 23. According to information on the JAO, the capacity of the interconnection with Hungary is 460 MW, with Romania and Slovakia – 172 MW each. No interconnection capacity is offered from Ukraine.
“Long-term auctions for the allocation of cross-border transmission capacity are definitely beneficial for the Ukrainian electricity market. In the context of massive Russian attacks on our energy system, we really need confidence in a stable supply of electricity imports every month,” commented Vitaliy Zaychenko, chairman of the board of Ukrenergo, whose words are quoted in the company’s Telegram message.
“We are grateful to our partners at ENTSO-E and the JAO auction platform, as well as our colleagues from the energy system operators of neighboring EU countries for their effective cooperation. We hope that it will continue and that annual auctions will also be introduced in the future,” said Zaychenko.
According to NEC, the introduction of such auctions was made possible thanks to cooperation with TSOs of neighboring countries and with the support of the European Network of Transmission System Operators (ENTSO-E). Work on the rules for long-term allocation for the EU’s external borders has been ongoing for the past two years.
“After these rules were approved by the national regulators of Ukraine, Slovakia, Hungary, and Romania, it became possible to allocate free capacity at inter-state crossings through monthly long-term auctions. For Ukraine, this means more effective price forecasting and, in the long term, a reduction in the cost of imported electricity,” Ukrenergo explained.
As noted in the report, on a global scale, monthly auctions contribute to closer integration of the Ukrainian and European energy markets and ensure greater stability of Ukraine’s integrated energy system.
As reported, with the start of a full-scale invasion, given the military risks, ENTSO-E agreed only to daily auctions for the distribution of inter-state cross-border capacity for import and export operations with electricity.
At the same time, traders and energy companies have repeatedly pointed out that the absence of long-term auctions, in particular monthly and annual ones, hinders the effective attraction of imported electricity.
In early December, Vitaliy Zaychenko, Chairman of the Board of NEC Ukrenergo, told Energorforma that he expects the first long-term (monthly) auctions for the distribution of inter-state crossings with Romania, Hungary, and Slovakia since the start of the war to be successful.
“I think these auctions will take place. The market is definitely waiting for long-term auctions. Therefore, I think that the entire proposed cross-border capacity will be sold,” he said.
“Unfortunately, there will be no auctions in Poland because the Polish transmission system operator does not give its consent,” added the head of Ukrenergo.
It should be noted that the auctions launched today are joint, i.e., they are held simultaneously by both operators. The TSO agreed on this mechanism in 2023, and so far, daily auctions have been held under it. Monthly auctions were previously held in Moldova and Poland (Dobrotvir-Zamosc crossing), where unilateral auctions are still in place instead of joint ones.
Fintonik LLC (Kyiv) won the auction held by the state-owned Oschadbank on December 10 for the sale of a pool of loans to the Ukrlandfarming group of companies (Ukrlandfarming, ULF), offering the minimum possible price of UAH 1.13871 billion at a starting price of UAH 5.03852 billion.
According to data from the Prozorro.Prozori system, Fintonik, 80% of which is owned by Andriy Shpylka from Kryvyi Rih and 20% by former SCM director of new business development Mykola Nesterenko, was the only participant in the auction.
According to the protocol, the remuneration of the electronic platform SKOMPANI LLC, through which the application was submitted, amounted to UAH 17.08 million and will be paid from the UAH 75.58 million guarantee deposit.
Earlier, Oschadbank noted that this stage of the sale, at which the minimum price was reduced by 44%, was the final one, because after a series of previous auctions with a gradual reduction, the possibility of further price adjustments had been exhausted.
The auction included claims under loan agreements and related collateral agreements of borrowers — the ULF group of companies (PJSC Raise-Maksymko, PJSC Agroholding Avangard, Imperovo Foods LLC) and Pakko Holding LLC.
“The current auction is the last chance for potential investors to purchase a pool of secured loans, which includes production assets throughout Ukraine: elevators, poultry farms, an egg processing plant, etc., as well as guarantees from individuals and legal entities,” Oschadbank emphasized. It noted that if the auction is unsuccessful, it will proceed with the active implementation of a liquidation scenario to collect the debt.
In early December this year, the Antimonopoly Committee of Ukraine (AMCU) fined TNA Corporate Solutions LLC (USA) and American citizen Nicholas Piazza (Nicholas Piazza) for violating the law when concentrating shares in the authorized capital of 14 enterprises of the Ukrlandfarming group, which was one of the largest agricultural holdings in Eurasia.
The agricultural holding claims that it remains one of the largest in Ukraine despite $1.2 billion in losses due to Russia’s military aggression. A significant portion of ULF’s financial obligations have been in default since 2017. In November 2017, a group of international creditors of Ukrlandfarming and Avangard estimated the total amount of ULF’s debt obligations at approximately $1.65 billion in a letter to the Ukrainian government: about $1.25 billion in debt obligations to international creditors and about $400 million to Ukrainian banks (including state-owned banks). In turn, according to their data, the debt to international creditors at that time consisted of approximately $775 million in Eurobonds and $475 million in credit debt to European and American banks (and their respective credit risk insurers).
In October last year, Ukrlandfarming announced that the lawsuits filed by Gramercy Funds Management LLC and its affiliates against Bakhmatyuk, Piazzi, Oleksandr Yaremenko, SP Capital Management LLC, TNA Corporate Solutions LLC, and/or Maltofex Ltd had been voluntarily withdrawn with a final waiver of claims, and the parties had entered into a confidential settlement agreement in connection therewith.
“Now that the litigation against Mr. Bakhmatyuk has been concluded, the company can more freely negotiate with creditors and focus on growing and rebuilding its business after losing approximately half of its value due to Russia’s invasion of Ukraine,” the release said at the time.
According to the NBU, as of early September this year, Oschadbank, with total assets of UAH 479.1 billion (12.3% of the total), ranked second among 60 banks in terms of this indicator.
