Privatization process in Ukraine

Privatization process in Ukraine


Small and Large scale privatization

Privatization objects are sold only through ProZorro.Sale, the official government e-auction system. It guarantees complete openness of the process, ensuring transparency and preventing any corruption.


Objects Not Subject to Privatization

  • Assets ensuring national security – enterprises in the defense industry, nuclear energy, communications, hallmarking, securities production, navigation, and topographic-geodetic works.
  • Socio-cultural assets – national cultural institutions and other facilities that meet public needs which cannot be provided by the private sector.
  • Integral property complexes and corporate rights – assets without which enterprises would not be able to continue operating in the state sector.


The main legislature on privatization in Ukraine:

Law of Ukraine “On privatization of state and communal property”

Resolution of the Cabinet of Ministers of Ukraine dated 10.05.2018 № 432 “On approval of the Procedure for conducting electronic auctions for the sale of small privatization objects”


Eligible buyers

Investors may include both individuals and legal entities, regardless of their residency status. Restrictions apply  to persons connected with the aggressor state, those subject to sanctions, as well as offshore companies lacking a transparent ownership structure.

For further details, please refer to Article 8 of the Law of Ukraine “On privatization of state and communal property”.


Privatization guidelines

The State Property Fund of Ukraine has prepared detailed guidelines for participants of both small- and large-scale privatization auctions:

  • The Guideline for Small-Scale Privatization is available here.
  • The Guideline for Large-Scale Privatization is available here.


Map of privatization objects 

In addition, the official government website hosts an interactive map of privatization objects, providing convenient access to available assets. Potential investors may request the inclusion of state-owned assets in the privatization list by filing an application. More information can be found here.