In Kamiansky in Dnipropetrovsk region, the only property complex of the joint-stock company "Dniprovskyi Plant of Mineral Fertilizers" has been put up for sale through Prozorro.Prodazhi as part of a liquidation procedure following bankruptcy. The starting price is 305 million hryvnia.
Rehabilitation that almost worked
The plant is leaving the market not as a sudden collapse, but as the finale of years of survival. Before the full-scale invasion, the enterprise's debts exceeded 1 billion hryvnia. In February 2022, the court introduced rehabilitation for a period of almost six years — with a plan to restore production using toll raw materials.
The plan worked in the first years. In 2022–2023, the enterprise repaid 10% of claims of the fourth category of creditors for a total of 44.9 million hryvnia. But then geography of the war intervened.
"Due to Russian military aggression and martial law in Ukraine, the enterprise faced problems with the supply of raw materials that came by sea"
— from materials of the Commercial Court of Dnipropetrovsk region
In 2024, the plant shut down. Raw materials for the production of complex fertilizers — phosphate raw materials imported by sea — became unavailable due to the effective closure of Black Sea routes for Ukrainian cargo in the first years of the war.
Debts accumulated after shutdown
As of March 2025, current debts have accumulated: 15.8 million hryvnia — wage arrears, 48 million hryvnia — to the Pension Fund, 18.1 million hryvnia — taxes and fees, 0.75 million hryvnia — for utilities. The rehabilitation manager applied to the court with a petition to prematurely terminate the rehabilitation and transition to liquidation.
The Commercial Court of Dnipropetrovsk region granted the petition — and opened a liquidation procedure.
What is being sold and where it came from
The plant was created in 2002 on the basis of former state enterprises "Agrofos" and "Amofos", which in their time were part of the Prydniprovskyi Chemical Plant — a major facility of Soviet chemical industry. That is, the buyer for 305 million hryvnia receives not a startup, but Soviet production capacities, privatized twice and revived once.
- Main type of activity — production of fertilizers and nitrogen compounds (KVED 20.15)
- Legal address — Kamiansky, Anoshkina Avenue, 179
- Charter capital — 24.155 million hryvnia
- Sale — through Prozorro.Prodazhi, as a single lot
The price of 305 million hryvnia looks moderate against the backdrop of pre-war debts exceeding one billion — but together with the assets, the buyer inherits current obligations to employees and the budget for over 82 million hryvnia.
If strategic players with access to alternative logistics routes for phosphate raw materials — for example, through Polish or Romanian ports — do not come to the auction, the property complex will most likely be purchased for something other than fertilizer production. And then Ukraine will finally lose yet another domestic enterprise in a segment where it is already critically dependent on imports.
