Ukraine to Keep Strategic Food Security Facilities in State Ownership

Україна не передаватиме у приватну власність стратегічні об'єкти, критично важливі для продовольчої безпеки.

Ukraine does not plan to transfer critically important strategic facilities essential for food security into private ownership, including key port elevators. This was stated by the Minister of Economy, Oleksiy Sobolev, emphasizing that privatization will not affect infrastructure that holds strategic significance for the state.

This is reported by Business • Media

Expansion of Privatization and Modernization of Enterprises

At the same time, other facilities in the agricultural sector may become more efficient through the involvement of private capital. According to Sobolev, besides cases involving distilleries and grain processing plants, the list of such assets includes elevators, mills, processing plants, and agricultural enterprises. The minister clarified that the privatization of 32 state assets is currently under consideration, among which are two agricultural enterprises, five grain processing plants, 11 distilleries, and 14 production and storage sites of “Ukrspyrt”.

“Currently, we are talking about 32 assets, including two agricultural enterprises, five grain processing plants, 11 distilleries, as well as 14 production and storage sites of ‘Ukrspyrt’. Many of these facilities were inherited from the Soviet era and have long required modernization,” the minister emphasized.

In recent years, most distilleries and grain processing plants have already been privatized, allowing for new owners to invest in modernization and expansion of production.

Privatization Plans for 2026-2027

The Ministry of Economy aims to significantly accelerate the privatization process in 2026-2027 and expand the application of public-private partnership mechanisms. This is expected to attract private capital, modern technologies, and management expertise to enhance the productivity of state assets. Additionally, the government is preparing new tools, including the sale of minority stakes in state companies, which should further stimulate economic development.