Ukraine is preparing a large privatization program for 2026. The State Property Fund has presented a public plan for priority assets with a total estimated value of twenty-nine point four billion hryvnias. Auctions are expected to begin no later than September and continue through the end of the year.
The most valuable lot may be Investment Union Lybid, the company that owns the Ocean Plaza shopping center in Kyiv. Its estimated value is eleven point three billion hryvnias. Other major assets include Mykolaiv Alumina Plant, Odesa Portside Plant, Sumykhimprom, Demurinsky Mining and Processing Plant, Motordetal-Konotop and Hlukhiv Quartzite Quarry.
Privatization as investment policy
The plan also includes sanctioned assets that were transferred to state ownership under sanctions legislation. Their starting values range from tens of millions to billions of hryvnias. For Ukraine, the goal is not only to raise budget revenue, but also to return assets to productive use under owners capable of investing in modernization.
Large privatization is always sensitive because buyers evaluate legal risks, wartime security, debt, asset condition and future regulation. Transparent auctions and clear preparation will therefore matter as much as the list of objects itself.
If successful, the 2026 sales could become a signal that Ukraine is still able to move state property into private investment even during wartime conditions.
