The State Property Fund of Ukraine has announced the privatization of the single asset complex of the state-owned enterprise Orion Research Institute, located in Kyiv. The sale will be conducted through an online auction on the Prozorro.Sale electronic platform, with the auction scheduled for February 17. Applications from potential buyers are accepted until February 16, 20:00.
The starting price of the privatization asset has been set at UAH 42.48 million, excluding VAT. The offering comprises a large research and production complex located at two sites in Kyiv’s Shevchenkivskyi district: the main address at 8-A Antona Tsedika Street and an additional site at 51 Dehtiariivska Street.
As of the end of September 2025, Orion Research Institute employed 83 people. The company’s core activity is scientific research and experimental development in the natural and technical sciences. The institute conducts applied and experimental work related to engineering and scientific-technical fields.
The privatization asset includes a substantial real estate portfolio consisting of 38 properties with a total area exceeding 38,600 sq m. These include administrative, industrial, and warehouse buildings, as well as various structures and infrastructure elements such as fences, bridges, and parking areas. In addition to real estate, the asset complex includes 10 units of machinery manufactured between 1974 and 2007, as well as 1,247 units of equipment and inventory.
The enterprise occupies five land plots with a total area of 4.14 hectares. At the same time, two civil defense shelters located on the institute’s premises are not subject to privatization and will be excluded from the transaction.
The State Property Fund has set a number of mandatory conditions for the future owner. The buyer must settle outstanding wage arrears and debts to the state budget, as well as retain jobs and refrain from dismissing employees for at least six months following completion of the transaction.
The announcement of Orion Research Institute’s privatization was made amid management changes at the State Property Fund itself. On January 14, the Verkhovna Rada appointed Member of Parliament and head of the parliamentary committee on economic development Dmytro Natalukha as head of the State Property Fund of Ukraine. The position had remained vacant for more than a year, and the new appointment is seen as an important step toward accelerating state asset privatization.
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