Large-scale privatisation continues – auction held for sale of 100% of Vinnytsiapobutkhim shares

Communications Department of the Secretariat of the CMU, posted 13 August 2025 11:58

Large-scale privatisation continues – an auction was held today for the sale of 100% of Vinnytsiapobutkhim shares. This was announced by Prime Minister Yulia Svyrydenko.

“During the auction, the winning bid doubled. The winner of the auction is ready to pay UAH 608 million for the company,” Yulia Svyrydenko said.

According to her, the company, which previously belonged to a russian oligarch and was confiscated by a court decision, will get a new owner with an obligation to maintain production, pay off debts and guarantee the rights of employees.