50% Discount on Industrial Giants: A Second Attempt to Sell “Demurinsky Mining and Processing Plant” LLC and “Motordetal-Konotop” LLC Will Take Place on November 19

The second phase of online auctions for the sale of two large industrial enterprises subject to sanctions has been announced. Since the first electronic auctions did not take place due to a lack of bids, repeat auctions were announced on the “Prozorro.Sales” electronic trading platform with the starting price reduced by 50%.

Who previously owned the assets and what is up for auction:

“Demurinsky Mining and Processing Plant” LLC

Starting price: UAH 912.29 million (VAT not included). Initial value: UAH 1.82 billion.

Mining and processing of titanium-zirconium ores (Vovchanske deposit, Dnipropetrovsk region). Previously owned by Russian oligarch Mikhail Shelkov (“Rostec”).

“Motordetal-Konotop” LLC

Starting price: UAH 207.75 million (VAT not included). Initial value — UAH 415.50 million.

One of Europe’s largest manufacturers of engine cylinder liners. It was previously owned by Sergey Kalashnik, a former senator of the Federation Council of the Russian Federation.

Benefits for investors:

50% discount;

Acquisition of the state’s 100% corporate rights in the companies’ authorized capital;

Transparent sale via the “Prozorro.Sales” electronic platform;

Deadline for submitting applications to participate: by 8:00 p.m. on November 18, 2026

Auction date: November 19, 2026

All proceeds from the sale of sanctioned assets will be directed to the Fund for the Elimination of the Consequences of Armed Aggression—let’s transform the aggressor’s assets into a resource for Ukraine’s reconstruction!