The 2026 large-scale privatization plan has been released: who will be put up for sale and when

5 June 07:57

Dmytro Natalukha, head of the State Property Fund, has published on Facebook a public schedule for preparing assets for sale, with auctions for these properties potentially taking place in 2026, according to "Komersant Ukrainian"

The total estimated starting value of the assets is 29.4 billion hryvnia. The most expensive lots on the list are LLC “Investment Union “Lybid” (Ocean Plaza), valued at 11.3 billion hryvnia, and the Mykolaiv Alumina Plant, valued at 6.27 billion hryvnia.

The document outlines not only a list of priority assets but also a step-by-step timeline: when preparations for the auction announcement should take place, when auction commissions will be formed, and in which months the auctions are planned to be held.

Which assets are being prepared for large-scale privatization

The list includes 12 assets. Among them:

  • JSC “Odesa Port Plant” — 4.30 billion UAH
  • JSC “Sumykhimprom” — UAH 1.01 billion
  • LLC “Demurinsky GOK” — 1.80 billion UAH
  • MotorDetal-Konotop LLC — UAH 0.39 billion
  • LLC “Hlukhiv Quartzite Quarry” — UAH 0.05 billion
  • LLC “Mykolaiv Alumina Plant” — 6.27 billion UAH
  • Bauxite — UAH 1.00 billion
  • Alumina — 1.50 billion UAH
  • LLC “Investment Union “Lybid” (Ocean Plaza)” — 11.30 billion UAH
  • Iron ore pellets — 0.38 billion UAH
  • Iron ore briquettes — 0.56 billion UAH
  • Potassium chloride — 0.85 billion UAH

Ocean Plaza is the most expensive project on the list, while MGZ is the second most expensive lot.

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What the preparation schedule shows

According to the published timeline, preparation of most assets for sale has begun or is set to begin as early as May–June 2026. For some assets, this stage will last several months and will include preparation for the auction announcement and exhibition.

The schedule indicates that the first auctions could take place as early as August–September 2026, but the bulk of sales is scheduled for September–December 2026.

For example:

  • The Odesa Port Plant, Sumykhimprom, Demurinsky GOK, and Motor Detail-Konotop are being prepared for auctions starting in May, and the auctions themselves may take place in September–October 2026.
  • The Hlukhiv Quartzite Quarry is expected to be put up for auction earlier than the others—preparations will continue through August, and the auction could take place as early as August–September 2026.
  • Iron ore pellets, iron ore briquettes, and potassium chloride are planned for sale in October–November 2026.

The most valuable assets—the Mykolaiv Alumina Plant, bauxite, alumina, and Ocean Plaza—are taking longer to prepare than the others, and their auctions are scheduled for November–December 2026.

Ocean Plaza and the Mykolaiv Alumina Plant will go up for auction at the end of the year

As shown in the schedule, Ocean Plaza and the Mykolaiv Alumina Plant have the longest preparation cycle. For these properties, the active phase of preparation and exposure will effectively last until late fall.

The auction commission for Ocean Plaza is scheduled to convene in August 2026, and the auction is planned for November–December 2026. The same sale period is indicated for MGZ.

This means that the end of 2026 could be a key stage in the large-scale privatization, as this period will see the sale of the most expensive and high-profile assets.

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