Privatization of the Odesa Port Plant: The State Property Fund of Ukraine (SPFU) Held a Meeting with Potential Buyers

Ahead of a major online auction, the State Property Fund of Ukraine held a presentation on the state-owned stake in JSC “Odesa Port Plant” for potential investors and buyers. The meeting was attended by representatives of the State Property Fund of Ukraine, industry experts, and the management of the Odesa Port Plant, who provided detailed answers to participants’ questions regarding production and technical matters.

The Odesa Port Plant is a strategic industrial giant in the production of ammonia and urea (mineral fertilizers) and the transshipment of chemical products. Our common goal is to restart the enterprise, attract investment, and ensure the plant’s sustainable development.

Under the terms of the sale, the auction winner assumes a number of clear obligations to the state and the workforce:

Maintaining the company’s business profile for at least 5 years.

UAH 500 million in modernization—to resume production, upgrade equipment, and expand capacity.

Pay off wage arrears and budget debts within the first year.

Provide social guarantees for the workforce—preventing mass layoffs and ensuring timely payment of wages.

Restructuring of accounts payable and gradual repayment of the company’s overdue obligations (excluding claims from sanctioned entities or those linked to the aggressor state).

Environmental safety, strict compliance with environmental protection laws and chemical production safety standards.

As part of the international project “The European Union Programme for State Asset Reform (EU4SAR),” implemented with the support of Expertise France, the leading law firm Arzinger also presented a comprehensive legal assessment for potential investors.

We thank the OPP management, our partners from the European Union Programme for State Asset Reform (EU4SAR), and the Arzinger team for their collaboration in preparing a transparent and secure auction!