The State Property Fund of Ukraine has announced an auction on September 29 for the sale of a 26% state stake in the enterprise ‘Naftokhimik Prykarpattia’. The starting price for this lot is UAH 425.45 million. The plant is located in the city of Nadvirna, Ivano-Frankivsk region, near a railway station, which enhances its logistical appeal.
This is reported by Business • Media
New Auctions and Privatization Conditions
In addition, a privatization auction for the ‘Slavutskiy Budfarfor Plant’, located in the Khmelnytskyi region, is scheduled for October 2. The starting sale price for this enterprise, which specializes in the production of porcelain sanitary ceramics, is UAH 207.66 million. As of July 1, 2025, the plant’s creditor debt, including overdue amounts, exceeded UAH 2.48 million.
Resales and Cancellation of Privatization
At the same time, the State Property Fund was unable to sell confiscated assets from a Russian citizen: a pipe plant and a management company in Kalush. The auctions for the sale of 93% of the ‘Kalush Pipe Plant’ shares and 93% of the ‘Eurotrubplast Trading House’ did not take place due to a lack of participants. Now both assets are up for resale at a reduced price: ‘Eurotrubplast’ for UAH 27.12 million, and the ‘Kalush Pipe Plant’ for UAH 69.85 million. New auctions for these assets are scheduled for September 24.
Recently, a court canceled the privatization of a distillery that was sold in 2023 for only $200. The buyer of the ‘Trylisky Distillery’ did not fulfill the privatization conditions and failed to settle the company’s debts amounting to over UAH 11 million.
“The buyer of the ‘Trylisky Distillery’ did not pay UAH 11 million in company debts, which was a condition of the privatization.”