Ukraine is launching the sale of seven industrial properties
The State Property Fund of Ukraine has released a monthly schedule for the preparation and conduct of auctions for seven priority industrial lots. Proceeds from privatization are expected to serve as an additional source for attracting foreign investment. A significant portion of the assets consists of factories and quarries previously linked to pro-Kremlin oligarchs, which were transferred to state ownership as part of sanctions procedures.
The agency’s leadership announced a radical shift in philosophy: instead of passively waiting for a random buyer, the State Property Fund is moving toward proactive international marketing. Each asset will be prepared according to European standards so that major global investors can envision integrating Ukrainian facilities into their own global logistics chains.
A detailed privatization roadmap was unveiled by Dmytro Natalukha, head of the State Property Fund of Ukraine. The head of the SPFU emphasized that the state’s task is not simply to dispose of balance sheet assets, but to find an effective owner capable of revitalizing complex industrial complexes.
“Our ambition is to make 2026 the year in which state assets begin to operate more efficiently—through open auctions, transparent preparation, and competition for the best price. And competition is possible when the Fund does not merely conduct an auction as a formality, but prepares both the lot and the sale in such a way that the investor sees the asset within their own value chain and is ready to invest money, launch production, create jobs, and develop business in Ukraine,” said Dmytro Natalukha.
The list of seven priority assets includes giant enterprises in the chemical, metallurgical, and mining industries, as well as large commercial real estate properties. Preparatory procedures, legal audits, and the preparation of investment passports for these assets have already begun.
According to the State Property Fund of Ukraine’s official plan, the main privatization auctions of the year will take place according to the following schedule:
- September 2026 – bidding will begin for LLC “Hlukhiv Quartzite Quarry.” This company specializes in the extraction of high-purity quartzite and was previously controlled by Russian oligarch Deripaska.
- October 2026 – The chemical industry giant Odesa Port Plant JSC (OPP), which is of strategic importance for ammonia transshipment and fertilizer production, will be put up for auction.
- October 2026 – Concurrently, the sale of Demurinsky GZK LLC, which is engaged in the development of the unique Vovchansk titanium-zirconium deposit, will take place.
- December 2026 – An auction is scheduled for the privatization of Mykolaiv Alumina Plant LLC, one of Europe’s largest non-ferrous metallurgy enterprises.
- December 2026 – The final step will be the sale of Lybid Investment Union LLC, which owns a large commercial real estate property – the Ocean Plaza shopping and entertainment center in Kyiv.
Attracting private capital to assets such as the Demurinsky Mining and Processing Plant or the Hlukhiv Quarry is of strategic importance for the raw material security of the entire European continent, as Ukraine possesses unique reserves of titanium and silicon raw materials. The sale of the Ocean Plaza shopping and entertainment center (“IS Lybid”), in turn, will allow for the complete removal of Russian capital from Kyiv’s large-scale commercial real estate sector.
