Odesa Port Plant is preparing to be put up for auction

Odesa Port Plant is preparing to be put up for auction


The government has already begun preparations for the sale of the Odesa Port Plant.

The Cabinet of Ministers of Ukraine has begun preparations and the sale of the state-owned stake of 99.5667% of the authorized capital of JSC “Odesa Port Plant”, reported People’s Deputy Олексій Гончаренко Oleksiy Honcharenko.

“It is noted that the final price at which the plant will be sold will be determined at the auction, but it should not be lower than UAH 4,673,785 million,” the People’s Deputy noted.

We will remind, the Odessa Port Plant has been put up for privatization several times since at least 2009, but it has never taken place. In 2023, the Odesa Port Plant was included in the plans for a large-scale privatization.

Reference.

Joint-Stock Company “Odesa Port Plant” is a state-owned enterprise in the chemical industry of Ukraine. It specializes in the production of ammonia, urea, liquid nitrogen, carbon dioxide and liquid oxygen, and the transshipment of chemical products.

JSC “Odesa Port Plant” is intended for the production of chemical products and their shipment by sea for export.

The state, represented by the SPF, owns 99.5667% of the shares of Odesa Port Plant, 0.0021% – 0.0021% – 0.4312% – other individual shareholders.