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Automatically translated version. May contain inaccuracies compared to the original.
⁉️ OPZ are being prepared for destruction… The scenario I warned about is beginning to unfold
It seems everything is gradually moving exactly according to the scenario I warned about earlier: not the revival of the Odesa Port Plant — one of the gems of Ukrainian industry — but its effective destruction followed by the piecemeal sale of assets. And now Forbes Ukraine is writing about such a development.
According to the publication, after the sixth failed privatization attempt, the plant may be split into several legal entities and then liquidated. In particular, the chemical purification unit is planned to be transferred to the city of Pivdenne, while the remaining assets may be directed toward liquidation.
State Property Fund head Dmytro Natalukha confirmed that a backup plan for the plant exists, but he did not disclose its details.
And here’s the most interesting part. I previously reported on rather strange processes around OPZ. In particular, on closed visits to the plant by representatives of foreign investment structures, whom sources described as so-called “predatory investors.”
Back then, among the possible scenarios considered was not the restoration of production or modernization of the enterprise, but its effective winding down, dismantling of key assets, and subsequent piecemeal sale.
I emphasized back then: with such a development, Ukraine risks losing a strategic enterprise along with its production capacity and long-term economic prospects.
And what do we see today? Another auction to sell OPZ for 4,3 billion hryvnias failed. And instead of a concrete plan to revive the industrial giant, the possibility of its division and liquidation is being discussed more and more concretely.
And here a perfectly logical question arises: maybe that was the plan from the very beginning?
Perhaps the true goal was not at all to find an investor who would revive the plant, restart production, create jobs, and provide revenues to the Ukrainian budget?
But to bring a strategic enterprise to a state where it could be split up, liquidated as a single production complex, and the most valuable assets later sold off for next to nothing?
At least after the recent reports, all of this sounds to be moving in that direction.
And if, in fact, instead of restoring strategic enterprises the state chooses the path of liquidation and sale, then this is no longer economic development but the gradual destruction of its industrial potential.
You can destroy a plant that was built over decades relatively quickly. But reviving such production — its infrastructure, technologies, and personnel potential — is extraordinarily difficult, expensive, and in most cases practically impossible.
And most importantly: who benefits from such an end to the story of the Odesa Port Plant? Ukraine and its economy — or those who could potentially profit from selling off the remnants of the industrial giant?
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