Assets in Kyiv and land in the regions: what Ukrnaftoprodukt is selling
10 April 15:25
The State Property Fund of Ukraine has scheduled an online auction for April 23 to privatize the state-owned stake in Ukrnaftoprodukt, according to [Komersant].
The sale involves 50% of the company’s authorized capital. The auction will take place on the Prozorro.Sales platform.
How much is the asset worth?
The starting price for the stake is 37.9 million hryvnias.
The Fund emphasizes that one of the key factors of attractiveness is the location of the assets in Kyiv, specifically near major transportation hubs.
What is included in the asset
Ukrnaftoprodukt consists of:
- real estate with a total area of 5,500 sq. m;
- an administrative building and a laboratory building;
- an apartment with an area of 32.7 sq. m;
- three land plots with a total area of 6.6 hectares:
- in Kyiv;
- in Horlivka;
- in Chornobaivka.
The company’s primary business activity is the leasing and management of real estate.
What are the conditions for the buyer
The buyer of the state-owned stake is required to:
- settle wage arrears and debts to the budget within 6 months;
- not to dismiss employees on their own initiative during this period;
- settle the company’s overdue debts and penalties.
Why is this important
This is the second attempt to sell the asset.
The previous auction, scheduled for October 2025, did not take place due to a lack of participants.
Thus, the new auction should reveal:
- whether investor interest in state-owned assets has grown;
- how attractive real estate properties are, even amid the war.
A portion of Ukrnaftoprodukt’s shares is already privately owned:
- 44.19% are owned by the Naftoprodukty Ukrainy Concern;
- another 5.81% belongs to other shareholders.
The privatization of the state-owned stake is part of a broader policy to raise funds for the budget and reduce the state’s share in the economy.
