On 1 September 2025, the State Property Fund of Ukraine has announced the date of the electronic auction for the sale of a state-owned 99.5667% stake in JSC “Odessa Port Plant”. The electronic auction for the sale thereof will be held on 25 November 2025.
About JSC “Odessa Port Plant”
JSC “Odessa Port Plant” (“OPP”) is a state-owned joint-stock company active in chemical industry, a major producer of ammonia and carbamide and a major provider of overloading services for the export of ammonia, carbamide, methanol, and other bulk and liquid goods (e.g., grain, ore).
OPP’s production facilities include:
► 50,000 to 60,000 metric tons Vessel capacity range accommodated by Panamax-class ships at OPP’s dry and liquid bulk berths, supported by comprehensive port infrastructure.
► 2 ammonia production units Each with an annual capacity of 550,000 tons.
► 2 urea production units Each with an annual capacity of 430,000 tons.
► 4 million tons (annual capacity) Ammonia transshipment complex, with a storage facility of up to 120,000 tons.
► 3.6 million tons (annual capacity) Urea overloading complex, with a storage warehouse for 80,000 tons.
► 1 million tons (annual capacity) Methanol transshipment complex, with a storage facility for 36,000 tons.
► 16,000 tons (annual capacity) Department of liquid carbon dioxide production.
► 1,436 employees As of 30 June 2025, this is the total number of staff employed by OPP. For key financial indicators consult the privatization teaser published by the State Property Fund of Ukraine here.
Key terms of the auction
• UAH 4,488,523,000.00 (~USD 109 million) Starting price for the auction.
• UAH 44,885,230.00 (~USD 1.09 million) Minimum bid increment required.
• UAH 224,426,150.00 (~USD 5.5 million) Guarantee deposit amount, or an equivalent bank guarantee that is irrevocable and compliant with statutory requirements. This deposit is non-refundable if the auction winner fails to execute the protocol, sign the share purchase agreement, or pay the purchase price on time.
• UAH 80,000 (~USD 1,940) Registration fee for participating in the auction.
• English auction with conditions Auction format: incremental bidding with investment and other covenants imposed in the share purchase agreement.
• 19:30–20:30 p.m. on 24 November 2025 Submission window for applications (the day before the auction). If submitting a bank guarantee, the original must be submitted before 18:00 on the same day.
• 2 bidders (minimum) Required for the auction to proceed.
Next steps
Investors interested in participating in the auction would need to, among others:
- Select and register with the trusted electronic platform for the participation in the electronic auction (list thereof can be found here).
- Sign NDA with the operator of the electronic platform to access the OPP dedicated data-room (free of charge) and draft shares purchase agreement for legal and financial due diligence review.
- Conduct legal and other due diligence reviews, submit additional inquiries for information to the operator of the electronic platform (to be processed by the operator together with the State Property Fund of Ukraine), and decide on whether to participate in the auction.
- Pay registration fee and guarantee deposit (or provide bank guarantee) to the bank account of the operator of the electronic platform to obtain the status of participant of the auction and apply electronically for the participation in the auction.
- Participate in the auction.
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