August 27, 2025
The state wants to receive at least UAH 4.5 billion - Sviridenko for the Odessa port plant thumbnail
Economy

The state wants to receive at least UAH 4.5 billion – Sviridenko for the Odessa port plant

According to Prime Minister Yulia Sviridenko, the sale of the enterprise will allow to attract investments, fill the budget and create new jobs”, – WRITE: www.radiosvoboda.org

The Ukrainian Government has decided to privatize the Odessa Port Plant, reported On the evening of August 26, as a result of the Cabinet meeting, Prime Minister Yulia Sviridenko.

“The State Stock Package will be put up for an open electronic auction with an initial price of UAH 4.5 billion … The enterprise has to restore full work. This is only possible by attracting private owner and investment. The sale of the IPP will allow you to fill the budget, create new jobs and provide Ukrainian farmers with access to domestic fertilizers, ”the head of the government noted.

Prior to a full -scale war, the Odessa port plant produced ammonia and urea, exported fertilizers. Since 2022, the main production has been stopped. The plant worked in part, providing critical needs with oxygen and nitrogen, performing the functions of port hub.

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