Business news from Ukraine

Business news from Ukraine

Cabinet of Ministers Approved Terms for Privatization of Odesa Port Plant

At a meeting on Wednesday, the Cabinet of Ministers approved the terms for the privatization of the Odesa Port Plant (OPP), as well as the sale of two sanctioned assets—Demurinsky Mining and Processing Plant (GZK) LLC and Motordetal-Konotop LLC, Prime Minister Yulia Svyrydenko announced; her resignation from this post had been approved by the Verkhovna Rada the day before.

“The state’s stake in OPZ will be put up for an open electronic auction with a starting price of over 4.3 billion hryvnias. The goal is to attract a strategic investor who will restore full-scale operations at one of Ukraine’s largest chemical complexes,” she wrote on Telegram.
Svyrydenko noted that among the key conditions for the buyer are investing at least 500 million hryvnias in modernization and improving the energy efficiency of production, as well as preserving the company’s core business activities.

According to her, the starting price for the sale of “Demurynskyi GZK” has been set at 1.82 billion hryvnias, and for “Motordetal-Konotop” at 415.5 million hryvnias.

All three assets will be sold through open online auctions on the Prozorro.Sales platform, and the proceeds will go to the Fund for the Elimination of the Consequences of Armed Aggression and will be used for Ukraine’s recovery, the prime minister clarified.
In another post, Svyrydenko referred to this meeting as the final meeting of the current government.

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State Fisheries Agency Held 179 Auctions for Commercial Fishing

The State Agency of Ukraine for the Development of Land Reclamation, Fisheries, and Food Programs (State Fisheries Agency) held, through the “Prozorro.Sales” system, 179 auctions for the sale of commercial fishing rights to aquatic biological resources, which generated nearly 44 million hryvnias, according to the agency’s press service.

“Proceeds from the sale of lots are directed toward replenishing local budgets, and the additional revenue generated by the increase in the starting price during electronic auctions will be used for stocking water bodies. Thus, transparent competition not only fills the budgets but also guarantees funding for measures to restore aquatic biological resources,” the press service quoted Igor Klymenko, head of the State Fisheries Agency, as saying.

According to the agency, of the total amount, over 41.5 million UAH will be allocated to local budgets, while nearly 2.5 million UAH—generated by increases in the starting price during the auctions—will be used to restore the fish populations in these bodies of water.
The largest number of contracts were concluded for fishing rights in the Kremenchuk (50), Kamyanske (26), and Kaniv (21) reservoirs, as well as in the lower Dniester and the Dniester Estuary (16) and on the Danube (15).

In total, 246 lots for the right to commercially harvest aquatic biological resources have been formed for 2026.

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“Ukrposhta” plans to raise over 22 mln UAH from sale of decommissioned vehicles

JSC “Ukrposhta” expects to raise more than 22 million UAH from the sale of decommissioned vehicles to modernize the company’s fleet.

“Every rusty UAZ sold is a direct contribution to new long-haul vehicles, modern logistics, delivery speed, and the company’s ability to operate even when the enemy is trying to destroy the infrastructure,” Ukrposhta CEO Ihor Smilianskyi is quoted as saying in the press release.

According to him, since the start of the full-scale invasion, “Ukrposhta” has lost 426 vehicles due to shelling and the temporary occupation of territories.

It is noted that during two phases of open auctions conducted through the “Prozorro.Sales” system, the postal operator sold over 1,000 vehicles. Specifically, during the first phase, 716 vehicles were sold, bringing the company approximately 9 million UAH.

“During the second phase, another 316 vehicles were put up for auction. Forty-two auctions have already taken place, and two more are in the final stages, specifically in the Donetsk and Zaporizhzhia regions,” the press release states.

Ukrposhta noted that over 600 participants took part in the auctions, which made it possible to nearly double the final value of the lots from 7.7 million hryvnias to a projected 13.7 million hryvnias.

“The most expensive lot in the second stage was the Kyiv lot consisting of 23 Soviet-era vehicles, which sold for 916 thousand UAH. The least expensive was a Mazda 6 for 44 thousand UAH,” the company emphasized.

Separately, the national postal operator noted that it had completed 100% automation of its sorting processes and expanded its fleet with 160 new MAN and IVECO trucks.

The state-owned “Ukrposhta” reported a total profit of 106.3 million UAH for January–April, with EBITDA of 122.9 million UAH. The company’s equity reached 2.3 billion UAH without additional budgetary funding.

In January–March 2026, the company reported a net loss of 204.8 million UAH, which is 1.1 million UAH, or 0.5%, higher than in the same period of 2025, while its revenue grew by 1.1% to 13 billion 118.42 billion UAH.

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Chornomorsk Sea Trade Port (MTP) sold port services through Prozorro.Sales for first time

Following the results of the first auction on the “Prozorro.Sales” platform, the state-owned enterprise “Black Sea Commercial Sea Port (MTP)” will transship 50,000 tons of mineral fertilizers by September 30, 2026, the press service of the Ministry of Community and Territorial Development of Ukraine reported on Telegram.

According to the report, five companies competed for the right to receive port services. The winning bidder offered a price of 220 UAH per ton, with a starting price of 197 UAH.

“The first auction for the sale of port services through ‘Prozorro.Sales’ is practical proof that state-owned ports can operate under modern and competitive rules. We are consistently implementing new management mechanisms centered on transparency, accountability, and equal access for businesses,” emphasized Deputy Prime Minister for the Restoration of Ukraine and Minister of Community and Territorial Development Oleksiy Kuleba.

The ministry emphasized that the use of such tools builds market confidence and ensures the effective use of state assets.

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On December 8, Ukraine will hold auctions for industrial fishing rights for 2026

Auctions for the right to special use of aquatic biological resources in fishery water bodies (or parts thereof) in 2026 will be held on December 8 in the Prozorro.Prozori state electronic trading system, according to the State Agency for Fisheries.

“This will allow entrepreneurs to prepare their material and technical base in advance and plan their economic activities,” the agency noted.

A total of 246 lots will be put up for auction for industrial fishing in 2026, namely: Kremenchuk Reservoir – 59 lots, Dnipro-Buzka Estuary System – 35 lots, Kamyanske Reservoir – 32 lots, Kaniv Reservoir – 27 lots, the lower reaches of the Dniester River (with lakes, the Turunchuk branch) and the Dniester Estuary – 17 lots, the Danube River – 16 lots, Kyiv Reservoir – 15 lots, Dnipro Reservoir – 11 lots, Tiligul Estuary – 10 lots, Berezan Estuary – 8 lots, Dnipro River within Chernihiv Oblast – 8 lots, Desna River with lakes within Chernihiv Oblast – 8 lots.

The State Agency for Fisheries invited business entities that plan to engage in commercial fishing and have declared their right to do so by submitting a corresponding electronic declaration to participate in the auction.

“This is your opportunity to legally, transparently, and honestly obtain the right to industrial fishing, contributing to the food security of the state,” the agency emphasized, adding that detailed information about the lots, auction dates, starting prices, guarantee deposit amounts, volumes and types of aquatic biological resources, fishing gear, etc. can be found on the State Agency for Fisheries’ information resources and in the state system “Prozorro.Sales.”

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Kholminsky distillery sold at auction for UAH 45 mln

The State Property Fund (SPF) of Ukraine has sold Kholminsky distillery in Chernihiv region for UAH 45 million at an auction in the system “Prozorro.Sales”, which is 2.9 times higher than the starting price, said the chairman of the SPF Vitaliy Koval.

“Three participants competed for the object. Its cost has increased in 2.9 times of the original”, – he wrote in Facebook and added that the FGI will continue denationalization of the alcohol industry.

The head of the FGI specified that the funds transferred by the winner of the auction to the state budget will be directed to the financing of the Defense forces of Ukraine.

According to Prozorro.Sales, the winner of the auction was Terminal Frost LLC.

According to the online resource youcontrol.com.ua, the company was registered in 2017 in Kiev. Specializes in non-specialized wholesale trade, providing financial and consulting services, renting its own or leased property. The authorized capital of the enterprise is 155 thousand UAH. The beneficiary of the enterprise is Anastasia Bashtova.

It is stated that the postal operator or express carrier must submit an additional register of international mail or express shipments if the goods are not subject to export duty or are not subject to restrictions provided for in Article 197 of the Customs Code.

Head of the Parliamentary Committee on Finance, Tax and Customs Policy Daniil Getmantsev in Telegram expressed hope that these changes will help to reduce business costs and speed up logistics.

As reported, the Verkhovna Rada adopted as a whole the bill No. 9456 on amendments to the Customs Code of Ukraine regarding customs clearance of biomethane.

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