The State Property Fund of Ukraine has announced the date for the electronic auction to sell the state-owned share package of JSC Odesa Port Plant, which amounts to 99.57% of the company’s authorized capital.
The Fund reported this on social media. The auction is scheduled for November 25, 2025.
The decision was made by the auction commission chaired by Deputy Head of the SPFU, Ihor Tymoshenko. The commission also approved the draft information notice regarding the privatization.
The starting price for the share package is set at 4.5 billion UAH.
At the end of August 2025, Ukrainian Prime Minister Yuliia Svyrydenko announced that the government had decided to start the privatization of the Odesa Port Plant.
There have been multiple previous attempts to sell the plant. In 2009, the privatization contest was canceled due to insufficient participants. In 2016, the sale again failed as investors withdrew because of the plant’s debt obligations to Ostchem and instability in the fertilizer market. At that time, the starting price was $520 million, but no purchase bids were submitted.
The Odesa Port Plant is one of Ukraine’s largest chemical producers. Before Russia’s full-scale invasion, it produced ammonia and urea for both the domestic market and export. Since 2022, its main production has been halted due to the war. The plant has operated partially, providing oxygen and nitrogen for critical state needs and serving as a port hub
