Vitaliy Koval visited the Demurinsky Mining and Enrichment Plant, which is preparing for privatization

Chairman of the State Property Fund of Ukraine Vitaliy Koval visited the Demurinsky Mining and Processing Plant. The enterprise is under the management of the Fund and is in the process of preparing for privatization.

"All assets related to the aggressor country must be realized in a transparent and open manner – via an auction. During wartime, it is important for the State Property Fund to find pro-Ukrainian owners for the assets, who will give a fresh impetus for the enterprises, create new jobs, and stimulate the development of territories," emphasized Vitaliy Koval.

During the working trip, Chairman of the Fund was acquainted with the operation of the plant, including the primary enrichment unit, the factory, and the warehouse of finished products. He noted that the enterprise has significant potential for development.

"We are considering the possibility of cooperation between the Demurinsky Mining and Enrichment Plant and the United Mining and Chemical Company. This will allow attracting a serious strategic investor and ensuring the development of enterprises in the titanium industry," said Vitaliy Koval.

It is worth noting that on February 24, 2023, the Government transferred Demurinsky Mining and Enrichment Plant under the management of the State Property Fund. The enterprise was previously owned by the russian billionaire Mikhail Shelkov, who supplied titanium products to enterprises in the military-industrial complex of the russian federation.