Privatisation of state assets is set to ramp up in Ukraine this summer: what is planned for sale

Artur Romanchenko
Artur Romanchenko Journalist
Privatisation of state assets is set to ramp up in Ukraine this summer: what is planned for sale
Privatisation of state assets
The government expects privatisation processes to pick up pace this summer, which should generate 13 billion hryvnias by the end of the year.

This was announced by Oleksiy Sobolev, Minister of Economy, Environment and Agriculture, in an interview with RBC-Ukraine.

“Many privatisation auctions will be announced this summer, including several large-scale privatisation auctions,” he said.

According to the minister, the following are definitely expected to be privatised this year:

  • the Odesa Port Plant,
  • the Demurinsky Mining and Processing Plant,
  • Ocean Plaza,
  • the Mykolaiv Alumina Plant.

He noted that foreign investors are showing interest in the privatisation and are already inspecting the assets with a view to participating in the auctions.

It is planned to raise $70–100 million for each major asset. In total, up to 10 billion hryvnias ($227.5 million) could be raised through large-scale privatisation.

Billions from small-scale privatisation

Sobolev reported that from small-scale privatisation, which is already actively underway, a total of 3 billion hryvnias is expected to be raised by the end of the year, given that the State Property Fund has already sold assets worth 1 billion hryvnias.

“The Fund has really picked up pace since the arrival of Dmytro Natalukha (head of the SPF since January 2026 – ed.). And we are seeing greater interest from investors from various countries – Europe, the US,” he said.

In addition, there are plans to sell a stake in Ukrnafta, but the government has not yet disclosed the details. This asset is not included in the list of assets for sale this year. However, according to the Minister of Economy, companies from “various countries” are interested in buying a stake in the company.

“I cannot say what the stake is, but it is definitely not 3%. These are not portfolio investors, but strategic investors, oil companies that are looking at Ukrnafta,” Sobolev clarified.

Follow us on Telegram

Share tittle
Economy
All the electricity put up for sale was sold at the long-term auction
Economy

All the electricity put up for sale was sold at the long-term auction

Energoatom and Ukrhydroenergo have sold all the electricity volumes offered at the first special long-term auctions. In total, the state-owned companies sold 462,148 MWh, to be supplied between August and December 2026.

22.07.2026
The IMF has postponed the introduction of VAT for sole traders until 2028: what will change
Economy

The IMF has postponed the introduction of VAT for sole traders until 2028: what will change

The International Monetary Fund has agreed to postpone the introduction of value added tax (VAT) for sole traders operating under the simplified tax system. Instead of January 2027, the new rules are due to come into force on 1 January 2028.

22.07.2026
After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF
Economy

After the war, the military levy may be replaced by a reconstruction tax — the government is discussing the idea with the IMF

The Ukrainian government is considering replacing the current 5 per cent military levy with a special tax for post-war reconstruction. This option is included in the updated Memorandum of Cooperation between Ukraine and the International Monetary Fund.

22.07.2026
Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’
Economy

Court overturns 4 million fine following an inspection of ‘Tekhno Yizhak’

During a retrial, the Kharkiv District Administrative Court quashed a tax penalty of 4,038,423 hryvnias imposed on a business owner following an inspection of a shop in the centre of Odesa. The decision was based on irregularities in the way the inspection was arranged, rather than on a refutation of the tax authorities’ claims regarding the accounting of goods.

22.07.2026
The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million
Economy

The Innovation Development Fund plans to purchase 860 Starlink Mini units for 17 million

The Innovation Development Fund has announced a tender for the purchase of 860 Starlink Internet Satellite Mini satellite modems or their equivalents. The maximum funding amount for the purchase, including VAT, is 17.028 million hryvnias.

22.07.2026