2025 was a difficult year for privatization, but important in terms of the quality of asset preparation and systemic changes. According to the results of 2025, privatization revenues amounted to about UAH 6.3 billion. However, the key is not only the amount of funds, but also the decisions that were made to unblock large and complex facilities.
This was noted by the Minister of Economy, Environment and Agriculture of Ukraine, Oleksiy Sobolev.
The Odesa Port Plant is an example of an asset where the current sales model does not correspond to market reality. To make the asset economically attractive and attract investors, the Government initiated changes to the legislation. This is Bill No. 13620, which allows for a reduction in the starting price for large privatization objects if the market has not confirmed the previous valuation. This creates the possibility of a repeated and more realistic sale of such objects as the Odesa Port Plant.
A separate block is partial privatization. The state owns large strategic companies that cannot be fully privatized, but at the same time require investments, modern corporate governance and market discipline. Bill No. 4020 allows for partial privatization, in particular the sale of minority stakes.
“This makes it possible to attract private capital without losing state control. For large strategic companies, such as Ukrposhta, Energoatom. In them, you can sell, for example, a quarter of the company. Now this is technically impossible to do. It is necessary to unlock the possibility of a partial sale, leaving a controlling stake with the state,” Oleksiy Sobolev noted.
Draft law No. 13625 has also been developed, the purpose of which is to strengthen the protection of bona fide buyers. This should increase competition and the desire of businesses to buy.
The sale of sanctioned property is a separate area of work. In January, the Government will adopt a separate resolution of the Cabinet of Ministers, which will simplify the procedures for the sale of such property.
As a reminder, in 2026, a number of objects are planned to be sold: Mykolaiv Alumina Plant, Demurinsky Mining and Processing Complex, Motordetal-Konotop, Ocean Plaza, Sumykhimprom, Kharkivenergozbut, Zaporizhzhia Titanium and Magnesium Combine, Eurotrubplast, assets from the sanction pool. (Economy Ministry)