Ukraine’s Privatisation Revenues Pass UAH 1.2 Billion

(KYIV, UKRAINE) – The State Property Fund of Ukraine has reported that privatisation auctions in the first half of 2026 brought more than UAH 1.26 billion into the state budget.

In a statement, the fund said that direct proceeds from the sales reached UAH 1,081.34 million, with an additional UAH 180.03 million generated in value-added tax. This combined economic effect totalled UAH 1,261.37 million, which is approximately US$34.2 million and £26.3 million based on the current exchange rate.

From January to June, the fund oversaw 168 successful auctions, drawing 514 participants in total, with an average of three bidders for each lot. The competitive process drove up the sale price of assets to an average of more than double their starting value.

Looking ahead, the fund currently has 19 large-scale privatisation projects on offer for investors. Its portfolio also contains 1,247 smaller assets available for sale, including 268 integral property complexes, 43 stakes in state-owned companies, 799 individual properties, 82 unfinished construction sites and 55 cultural or social facilities.

Among the assets on the market, the most investor interest is expected in 13 distilleries, 10 bakeries and grain storage bases, nine quarries and peat extraction sites, and five prosthetic and orthopaedic manufacturing plants.

The state has also recently repossessed a building complex owned by the state enterprise Inform-Resources, which had previously been privatised illegally, according to the authorities.

The proceeds from privatisation in Ukraine are being directed to the state budget at a time when the government is seeking to raise funds for reconstruction and economic recovery.

The government has set an annual target of about UAH 13 billion from privatisation for 2026, including UAH 10 billion from large-scale sales and UAH 3 billion from smaller assets. Around UAH 1 billion had already been raised in the first four months of the year, reaching half of the annual plan for small-scale privatisation ahead of schedule.

Major assets being prepared for sale this year include the Ocean Plaza shopping centre in Kyiv, expected to have a market value of around US$100 million, and the Odesa Port Side Plant, with a starting price of about US$106 million. The Mykolaiv Alumina Refinery, with an estimated value of roughly US$86 million, and the Demurinsky Mining and Processing Plant, valued at approximately US$38 million, are also scheduled for auction later in the year.