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State Coal Mines Set for Privatization as Energy Ministry Seeks Investors for Sector Modernization

State Coal Mines Set for Privatization as Energy Ministry Seeks Investors for Sector Modernization

Ukraine’s Ministry of Energy is initiating the transfer of several state-owned coal mines to the State Property Fund to attract investors, modernize coal production, and transform mining regions

Ukraine’s Ministry of Energy has initiated the transfer of a number of state-owned coal enterprises to the State Property Fund with the aim of attracting investors and modernizing the sector. The assets include mines operated by Lvivvuhillia, Volynvuhillia, and Dobropilliavuhillia-Vydobutok.

According to the ministry, the primary objective is to identify responsible investors capable of undertaking technical upgrades and modernizing coal extraction operations. The government expects these measures to improve operational efficiency and support stable living standards for employees and local communities.

At the same time, the Ministry of Energy is working on the transformation of non-viable assets, including Nadiia Mine (PJSC) and Novovolynska Mine No. 9. For these sites, redevelopment projects are being considered to repurpose the territories after the completion of mining activities.

Among the priorities is the effective use of former mine surface areas in the interests of local communities. Plans include the establishment of administrative service centers, dormitories, and other social infrastructure facilities. To implement these initiatives, the ministry is cooperating with local authorities and members of parliament on legislative amendments that would enable the transfer of relevant assets to the municipal level.

The Ministry of Energy states that the proposed reforms are aimed at transforming mining regions into areas of development and prosperity, creating new opportunities for residents and businesses, and laying the groundwork for the sustainable renewal of coal communities.

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