Tuesday, May 26, 2026
Today's Edition

EveryNews

Stories that matter, signal over noise

Business

Auction for management of assets of mineral water producer IDS Ukraine

ARMA announced a new auction to select a manager for IDS Ukraine, including all key enterprises of the group.

Oleg Bazylewicz

By Oleg Bazylewicz

November 28, 2025 · 1 min read

Auction for management of assets of mineral water producer IDS Ukraine

The Agency for the Recovery and Management of Assets initiated the process of transferring the seized assets of the IDS Ukraine group, which produces the mineral waters "Morshynska" and "Myrhorodska," Prime Minister Yuliia Svyrydenko said.

This time the auction will put up for sale the corporate rights to all the main enterprises that provide the full production cycle — from water extraction to bottling and delivery. The group includes: Myrhorod Mineral Water Plant, Morshyn Mineral Water Plant "Oskar", Industrial and Distribution Systems, IDS Aqua Service, Potuzhnist, IVA and Nova.com.

Expected revenues to the state budget will amount to at least 24 million hryvnias per month.

IDS assets have been under seizure since 2022 because they belong to Russian businessman Mikhail Fridman, who is included on the sanctions lists of the U.S., the EU, the U.K. and Ukraine.

  • In November 2022, a court transferred the corporate rights to IDS Ukraine and its enterprises to ARMA.
  • In March 2023 a manager was appointed for two companies of the group — PJSC "Morshyn Mineral Water Plant 'Oskar'" and PJSC "IDS" (IDS Ukraine). It was planned that the manager would be LLC "Carpathian Mineral Waters", but the deal was not approved by the Antimonopoly Committee, and in 2025 it was terminated as unrealized.

Related

Latest

Business

EU Against Google: Why the Latest Fine Could Change More Than Previous Ones

# European Regulators Target Google Again — This Time Over Digital Markets Act Violations. What's Behind the Accusations and Why It Matters Beyond the Corporation European regulators have renewed their scrutiny of Google, this time focusing on alleged violations of the Digital Markets Act. The charges underscore Brussels' increasingly aggressive stance on big tech monopolies and what officials say are anticompetitive practices. The accusations center on how Google leverages its dominance across multiple digital services — from search to advertising to mobile platforms — to disadvantage competitors. Regulators claim the company is using its market power in ways that stifle innovation and limit consumer choice. The case carries significance far beyond Google itself. It signals how the EU is attempting to enforce its landmark Digital Markets Act, legislation designed to curb the gatekeeping power of tech giants. A potential penalty could set precedent for how other large technology companies face similar scrutiny. For consumers and smaller tech firms, the outcome could reshape the digital landscape by creating more room for competition. For Google, fines and operational restrictions could fundamentally alter its business model in Europe, the world's most stringent regulatory market. The case also reflects a broader geopolitical divide, with the EU pursuing a regulatory approach that contrasts sharply with the lighter-touch oversight favored in the United States.

May 26, 2026