On November 25, 2025, the state once again attempted to sell Odesa Port Plant JSC (OPZ) — one of the largest chemical enterprises in Ukraine, located in the city of Yuzhne, Odesa region. The auction in the ProZorro.Sale system started with an initial price of 4.49 billion hryvnias, but no investor submitted an application to participate.
The Ministry of Economy and the State Property Fund explain that the privatization conditions remain complex: the plant requires significant investments, modernization, and compliance with environmental and social standards. Furthermore, international partners emphasized that investors need more time and clarification of certain parameters for full participation.
This is already the fourth unsuccessful attempt to privatize the enterprise since 2009. Despite existing market interest, large investors refrain from participating due to high risks and the state of war.
The State Property Fund announced that it is preparing a repeat auction with adjustments to the terms of sale to make the package more balanced and attractive to potential buyers.
