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Automatically translated version. May contain inaccuracies compared to the original.
Million-dollar losses to the state and shadow deal-makers: how Tsyura, Tron’ and Loginov block the future of the Odesa Port Side Plant
The Odesa Port Side Plant (OPZ) has again found itself at the center of attention — this time because of another failed privatization attempt. 19 October 2026 year, an auction to sell 99,5667 % of the enterprise’s shares with a starting price of over 4,3 billion UAH did not take place: no participant submitted bids. This is already the sixth attempt.
Dmytro Natalukha, head of the State Property Fund, explained the auction failure by noting that part of American investors decided to wait for the results of the midterm elections in the United States 3 November. Maintaining a mothballed plant costs the state about 62 million UAH per month.
Against the backdrop of financial difficulties and prolonged sale attempts, names previously mentioned in journalistic investigations into non-transparent gas tenders and export contracts of OPZ are being recalled: Ukrainian-Swiss businessman Oleh Tsyura, crypto-entrepreneur Serhiy Tron’, and the “resurrected” Dmytro Malovinsky. Publications 2024–2025 years, as well as fresh materials 2026 year, note that these individuals are actively trying to cleanse the information space of mentions of these schemes.
Opaque tenders 2024 year and ties to Loginov
In July 2024 year OPZ held a gas-supply tender won by a little-known Kharkiv company “AgroTorgGroup.” The company appeared only in 2022 year and previously participated in a dubious auction for the sale of seized Russian ammonia. A second tender in August was won by Lviv LLC “Ukrnaftogazburning,” which received its license only in September 2023 year. The company did not have an official website, although this is a mandatory condition for obtaining a license. The beneficiary of the firm is a Lviv-born biker and co-owner of FC “Luzhany,” Mykhailo Mazur.
According to investigative authors, Vitaliy Loginov stood behind these tenders — an informal advisor to the head of the United Mining and Chemical Company, who also had influence over “Sumykhimprom” and OPZ. Olga Balyuk, who previously headed LLC “LT-Resource,” was listed as the general director of “AgroTorgGroup,” where the beneficiary was Loginov himself. “AgroTorgGroup” appears in BEB criminal proceedings No 7202200041000000 for tax evasion in especially large amounts. Loginov himself was previously a suspect in the 2016 year in a case of seizing property via abuse of official position and was wanted for some time. The case was never brought to a verdict.
According to investigations, the winning companies did not have enough funds to pay for gas, sought to obtain gas from the Gas Transmission System without an advance, and quoted prices below market. This created risks to the stability of the gas transmission system.
Tsyura, Tron’ and White Rock Management
Oleh Tsyura, who holds Swiss citizenship, is described in materials as a person connected with intermediary companies in schemes around OPZ and OGKhK. Through structures like Phoenix Resources AG and German firms, according to journalists, there could have been a substitution of the country of origin of the raw materials (notably ferrochromium) to circumvent sanctions in favor of Russian beneficiaries linked to Dmytro Firtash.
Serhiy Tron’, linked with White Rock Management AG (registered in Switzerland in 2018 year, registration documents, among others, submitted by Oleh Tsyura), positions himself as a crypto investor and publisher of Bitcoin Magazine. At the same time, publications 2025–2026 years remind of his role in the CityCommerce Bank story, from which in 2014 year, according to investigators, tens of millions of euros disappeared. The funds, according to these materials, later surfaced in mining farms and crypto structures. Tron’ and Tsyura, according to the authors, actively file DMCA complaints and other mechanisms to remove materials about the schemes from search results.
Dmytro Malinovskyi, previously proclaimed “dead,” is also mentioned in the context of these schemes. Several publications over 2024–2026 years recorded attempts to cleanse the internet of mentions of him, Tsyura, and Tron’.
Despite numerous publications, criminal proceedings concerning key figures in the OPZ scheme move slowly. The plant remains mothballed, accumulating losses, and costs the budget tens of millions of hryvnias each month.
Document: PDF proof of the original version of the news item "Мільйонні збитки держави та тіньові ділки: як Цюра, Тронь і Логінов блокують майбутнє Одеського припортового заводу". It records the publication content at the moment of the first scan, the preservation date and the source: ANTIKOR.
