Sale of sanctioned assets—100% state stakes in the authorized capital of Demurinsky GZK LLC and MotorDetal-Konotop LLC: auction dates set

Chaired by Vitaliy Kovalenko, Deputy Chairman of the State Property Fund of Ukraine, meetings of the auction commissions were held to sell a pool of assets consisting of the state’s 100% stake in the authorized capital of Demurinsky Mining and Processing Plant LLC  and claims against that company, as well as a pool of assets consisting of the state’s 100% stake in the authorized capital of LLC “MOTORDETAL-KONOTOP”  and claims against that company.

The state-owned stakes representing 100% of the authorized capital of Demurinsky Mining and Processing Plant LLC and Motordetal-Konotop LLC, together with the rights of claim against these companies, are assets subject to a court ruling imposing sanctions, as provided for in paragraph 11 of part one of Article 4 of the Law of Ukraine “On Sanctions,” and which have been transferred to the management of the State Property Fund, including for their sale through electronic auctions using an electronic trading system.

Following the results of their meetings, the auction commissions have set the dates for electronic auctions to sell asset pools consisting of the state’s 100% stake in the authorized capital of Demurinsky Mining and Processing Plant LLC and Motor Detal-Konotop LLC, along with the claims against these companies. Both auctions will take place on October 20, 2026.

Additionally, during the meetings, the auction commissions:

approved the draft announcements prepared by the auction commissions for the State Property Fund of Ukraine regarding the auctions for the sale of the aforementioned pools of sanctioned assets;

established the intervals between auctions.

Announcements will be published shortly on the official website of the State Property Fund of Ukraine and on the “Prozorro.Sales” electronic trading system. The documents will contain complete information on the terms and conditions of the auctions, starting prices, auction dates, requirements for potential buyers, and other necessary details for participants.

As a reminder, on July 15, 2026, the Cabinet of Ministers of Ukraine approved the terms and starting prices for the sale of a pool of assets consisting of the state’s 100% stake in the authorized capital of Demurinsky Mining and Processing Plant LLC and claims against that company, as well as a pool of assets consisting of the state’s 100% stake in the authorized capital of MotorDetal-Konotop LLC and claims against that company.

The State Property Fund of Ukraine continues to prepare for the sale of two sanctioned assets, ensuring transparency of procedures, equal access for potential investors to participate in the auctions, and effective management of assets forfeited to the state.

Information about the auctions will be available on the official website of the State Property Fund of Ukraine and on the “Prozorro.Sales” electronic trading system once it is published.