The buyer of the Odesa Port Plant must invest at least UAH 500 million in modernization

The buyer of the Odesa Port Plant must invest at least UAH 500 million in modernization


The state stake in the Odea Port Plant will be put up for an open electronic auction with a starting price of over UAH 4.3 billion.

The Cabinet of Ministers has approved the terms of privatization of the Odesa Port Plant. This was announced by former Prime Minister Yulia Svyrydenko.

The state stake in the Odesa Port Plant is planned to be put up for an open electronic auction. The starting price will be over UAH 4.3 billion.

The purpose of privatization is to attract a strategic investor who will be able to restore the full operation of one of the largest chemical complexes in Ukraine.

Among the key conditions for the future buyer is to invest at least UAH 500 million in modernization of the enterprise and increasing the energy efficiency of production. The investor must also preserve the main activities of the plant.

The sale of the Plant will take place through an open online auction in the Prozorro.Sales system.

According to Svyrydenko, privatization should help restore the full operation of the enterprise, modernize production and expand the export capabilities of Ukrainian industry.

USM previously reported that the Odesa Port Plant was being considered as a potential grain transshipment site.