diff --git a/build-common/test/org/jetbrains/kotlin/metadata/konan/DebugKonanProtoBuf.java b/build-common/test/org/jetbrains/kotlin/metadata/konan/DebugKonanProtoBuf.java
index b48ea68ff4f..c1d3bae0d0c 100644
--- a/build-common/test/org/jetbrains/kotlin/metadata/konan/DebugKonanProtoBuf.java
+++ b/build-common/test/org/jetbrains/kotlin/metadata/konan/DebugKonanProtoBuf.java
@@ -1,5 +1,5 @@
 // Generated by the protocol buffer compiler.  DO NOT EDIT!
-// source: konan/metadata/src/konan.debug.proto
+// source: konan/serializer/src/konan.debug.proto
 
 package org.jetbrains.kotlin.metadata.konan;
 
@@ -4084,71 +4084,71 @@ public final class DebugKonanProtoBuf {
       descriptor;
   static {
     java.lang.String[] descriptorData = {
-      "\n$konan/metadata/src/konan.debug.proto\022#" +
-      "org.jetbrains.kotlin.metadata.konan\032&cor" +
-      "e/metadata/src/metadata.debug.proto\"\"\n\014I" +
-      "nlineIrBody\022\022\n\nencoded_ir\030\013 \002(\t\"\305\002\n\027Link" +
-      "DataPackageFragment\022\017\n\007fq_name\030\001 \002(\t\0227\n\007" +
-      "package\030\004 \002(\0132&.org.jetbrains.kotlin.met" +
-      "adata.Package\022E\n\007classes\030\005 \002(\01324.org.jet" +
-      "brains.kotlin.metadata.konan.LinkDataCla" +
-      "sses\022\020\n\010is_empty\030\006 \002(\010\022E\n\nname_table\030\002 \002" +
-      "(\01321.org.jetbrains.kotlin.metadata.Quali",
-      "fiedNameTable\022@\n\014string_table\030\003 \002(\0132*.or" +
-      "g.jetbrains.kotlin.metadata.StringTable\"" +
-      "\\\n\017LinkDataClasses\022\022\n\nclass_name\030\001 \003(\005\0225" +
-      "\n\007classes\030\002 \003(\0132$.org.jetbrains.kotlin.m" +
-      "etadata.Class\"\\\n\017LinkDataLibrary\022\023\n\013modu" +
-      "le_name\030\001 \002(\t\022\035\n\025package_fragment_name\030\002" +
-      " \003(\t\022\025\n\rempty_package\030\003 \003(\t:@\n\017package_f" +
-      "q_name\022&.org.jetbrains.kotlin.metadata.P" +
-      "ackage\030\253\001 \001(\005:j\n\020class_annotation\022$.org." +
-      "jetbrains.kotlin.metadata.Class\030\252\001 \003(\0132)",
+      "\n&konan/serializer/src/konan.debug.proto" +
+      "\022#org.jetbrains.kotlin.metadata.konan\032&c" +
+      "ore/metadata/src/metadata.debug.proto\"\"\n" +
+      "\014InlineIrBody\022\022\n\nencoded_ir\030\013 \002(\t\"\305\002\n\027Li" +
+      "nkDataPackageFragment\022\017\n\007fq_name\030\001 \002(\t\0227" +
+      "\n\007package\030\004 \002(\0132&.org.jetbrains.kotlin.m" +
+      "etadata.Package\022E\n\007classes\030\005 \002(\01324.org.j" +
+      "etbrains.kotlin.metadata.konan.LinkDataC" +
+      "lasses\022\020\n\010is_empty\030\006 \002(\010\022E\n\nname_table\030\002" +
+      " \002(\01321.org.jetbrains.kotlin.metadata.Qua",
+      "lifiedNameTable\022@\n\014string_table\030\003 \002(\0132*." +
+      "org.jetbrains.kotlin.metadata.StringTabl" +
+      "e\"\\\n\017LinkDataClasses\022\022\n\nclass_name\030\001 \003(\005" +
+      "\0225\n\007classes\030\002 \003(\0132$.org.jetbrains.kotlin" +
+      ".metadata.Class\"\\\n\017LinkDataLibrary\022\023\n\013mo" +
+      "dule_name\030\001 \002(\t\022\035\n\025package_fragment_name" +
+      "\030\002 \003(\t\022\025\n\rempty_package\030\003 \003(\t:@\n\017package" +
+      "_fq_name\022&.org.jetbrains.kotlin.metadata" +
+      ".Package\030\253\001 \001(\005:j\n\020class_annotation\022$.or" +
+      "g.jetbrains.kotlin.metadata.Class\030\252\001 \003(\013",
+      "2).org.jetbrains.kotlin.metadata.Annotat" +
+      "ion:v\n\026constructor_annotation\022*.org.jetb" +
+      "rains.kotlin.metadata.Constructor\030\252\001 \003(\013" +
+      "2).org.jetbrains.kotlin.metadata.Annotat" +
+      "ion:\202\001\n\032inline_constructor_ir_body\022*.org" +
+      ".jetbrains.kotlin.metadata.Constructor\030\253" +
+      "\001 \001(\01321.org.jetbrains.kotlin.metadata.ko" +
+      "nan.InlineIrBody:p\n\023function_annotation\022" +
+      "\'.org.jetbrains.kotlin.metadata.Function" +
+      "\030\252\001 \003(\0132).org.jetbrains.kotlin.metadata.",
+      "Annotation:s\n\016inline_ir_body\022\'.org.jetbr" +
+      "ains.kotlin.metadata.Function\030\253\001 \001(\01321.o" +
+      "rg.jetbrains.kotlin.metadata.konan.Inlin" +
+      "eIrBody:p\n\023property_annotation\022\'.org.jet" +
+      "brains.kotlin.metadata.Property\030\252\001 \003(\0132)" +
       ".org.jetbrains.kotlin.metadata.Annotatio" +
-      "n:v\n\026constructor_annotation\022*.org.jetbra" +
-      "ins.kotlin.metadata.Constructor\030\252\001 \003(\0132)" +
-      ".org.jetbrains.kotlin.metadata.Annotatio" +
-      "n:\202\001\n\032inline_constructor_ir_body\022*.org.j" +
-      "etbrains.kotlin.metadata.Constructor\030\253\001 " +
-      "\001(\01321.org.jetbrains.kotlin.metadata.kona" +
-      "n.InlineIrBody:p\n\023function_annotation\022\'." +
-      "org.jetbrains.kotlin.metadata.Function\030\252" +
-      "\001 \003(\0132).org.jetbrains.kotlin.metadata.An",
-      "notation:s\n\016inline_ir_body\022\'.org.jetbrai" +
-      "ns.kotlin.metadata.Function\030\253\001 \001(\01321.org" +
-      ".jetbrains.kotlin.metadata.konan.InlineI" +
-      "rBody:p\n\023property_annotation\022\'.org.jetbr" +
-      "ains.kotlin.metadata.Property\030\252\001 \003(\0132).o" +
-      "rg.jetbrains.kotlin.metadata.Annotation:" +
-      "C\n\021has_backing_field\022\'.org.jetbrains.kot" +
-      "lin.metadata.Property\030\253\001 \001(\010:B\n\020used_as_" +
-      "variable\022\'.org.jetbrains.kotlin.metadata" +
-      ".Property\030\254\001 \001(\010:~\n\022compile_time_value\022\'",
-      ".org.jetbrains.kotlin.metadata.Property\030" +
-      "\255\001 \001(\01328.org.jetbrains.kotlin.metadata.A" +
-      "nnotation.Argument.Value:z\n\025inline_gette" +
-      "r_ir_body\022\'.org.jetbrains.kotlin.metadat" +
-      "a.Property\030\256\001 \001(\01321.org.jetbrains.kotlin" +
-      ".metadata.konan.InlineIrBody:z\n\025inline_s" +
-      "etter_ir_body\022\'.org.jetbrains.kotlin.met" +
-      "adata.Property\030\257\001 \001(\01321.org.jetbrains.ko" +
-      "tlin.metadata.konan.InlineIrBody:s\n\025enum" +
-      "_entry_annotation\022(.org.jetbrains.kotlin",
-      ".metadata.EnumEntry\030\252\001 \003(\0132).org.jetbrai" +
-      "ns.kotlin.metadata.Annotation:E\n\022enum_en" +
-      "try_ordinal\022(.org.jetbrains.kotlin.metad" +
-      "ata.EnumEntry\030\253\001 \001(\005:w\n\024parameter_annota" +
-      "tion\022-.org.jetbrains.kotlin.metadata.Val" +
-      "ueParameter\030\252\001 \003(\0132).org.jetbrains.kotli" +
-      "n.metadata.Annotation:h\n\017type_annotation" +
-      "\022#.org.jetbrains.kotlin.metadata.Type\030\252\001" +
-      " \003(\0132).org.jetbrains.kotlin.metadata.Ann" +
-      "otation:7\n\ttype_text\022#.org.jetbrains.kot",
-      "lin.metadata.Type\030\254\001 \001(\t:{\n\031type_paramet" +
-      "er_annotation\022,.org.jetbrains.kotlin.met" +
-      "adata.TypeParameter\030\252\001 \003(\0132).org.jetbrai" +
-      "ns.kotlin.metadata.AnnotationB\024B\022DebugKo" +
-      "nanProtoBuf"
+      "n:C\n\021has_backing_field\022\'.org.jetbrains.k" +
+      "otlin.metadata.Property\030\253\001 \001(\010:B\n\020used_a" +
+      "s_variable\022\'.org.jetbrains.kotlin.metada" +
+      "ta.Property\030\254\001 \001(\010:~\n\022compile_time_value",
+      "\022\'.org.jetbrains.kotlin.metadata.Propert" +
+      "y\030\255\001 \001(\01328.org.jetbrains.kotlin.metadata" +
+      ".Annotation.Argument.Value:z\n\025inline_get" +
+      "ter_ir_body\022\'.org.jetbrains.kotlin.metad" +
+      "ata.Property\030\256\001 \001(\01321.org.jetbrains.kotl" +
+      "in.metadata.konan.InlineIrBody:z\n\025inline" +
+      "_setter_ir_body\022\'.org.jetbrains.kotlin.m" +
+      "etadata.Property\030\257\001 \001(\01321.org.jetbrains." +
+      "kotlin.metadata.konan.InlineIrBody:s\n\025en" +
+      "um_entry_annotation\022(.org.jetbrains.kotl",
+      "in.metadata.EnumEntry\030\252\001 \003(\0132).org.jetbr" +
+      "ains.kotlin.metadata.Annotation:E\n\022enum_" +
+      "entry_ordinal\022(.org.jetbrains.kotlin.met" +
+      "adata.EnumEntry\030\253\001 \001(\005:w\n\024parameter_anno" +
+      "tation\022-.org.jetbrains.kotlin.metadata.V" +
+      "alueParameter\030\252\001 \003(\0132).org.jetbrains.kot" +
+      "lin.metadata.Annotation:h\n\017type_annotati" +
+      "on\022#.org.jetbrains.kotlin.metadata.Type\030" +
+      "\252\001 \003(\0132).org.jetbrains.kotlin.metadata.A" +
+      "nnotation:7\n\ttype_text\022#.org.jetbrains.k",
+      "otlin.metadata.Type\030\254\001 \001(\t:{\n\031type_param" +
+      "eter_annotation\022,.org.jetbrains.kotlin.m" +
+      "etadata.TypeParameter\030\252\001 \003(\0132).org.jetbr" +
+      "ains.kotlin.metadata.AnnotationB\024B\022Debug" +
+      "KonanProtoBuf"
     };
     org.jetbrains.kotlin.protobuf.Descriptors.FileDescriptor.InternalDescriptorAssigner assigner =
         new org.jetbrains.kotlin.protobuf.Descriptors.FileDescriptor.    InternalDescriptorAssigner() {
diff --git a/generators/tests/org/jetbrains/kotlin/generators/protobuf/GenerateProtoBuf.kt b/generators/tests/org/jetbrains/kotlin/generators/protobuf/GenerateProtoBuf.kt
index 8de6fbf70a6..dd09844b4f4 100644
--- a/generators/tests/org/jetbrains/kotlin/generators/protobuf/GenerateProtoBuf.kt
+++ b/generators/tests/org/jetbrains/kotlin/generators/protobuf/GenerateProtoBuf.kt
@@ -54,7 +54,7 @@ val PROTO_PATHS: List<ProtoPath> = listOf(
         ProtoPath("core/metadata/src/builtins.proto"),
         ProtoPath("js/js.serializer/src/js.proto"),
         ProtoPath("js/js.serializer/src/js-ast.proto"),
-        ProtoPath("konan/metadata/src/konan.proto"),
+        ProtoPath("konan/serializer/src/konan.proto"),
         ProtoPath("core/metadata.jvm/src/jvm_metadata.proto"),
         ProtoPath("core/metadata.jvm/src/jvm_module.proto"),
         ProtoPath("build-common/src/java_descriptors.proto")
diff --git a/konan/metadata/build.gradle.kts b/konan/metadata/build.gradle.kts
deleted file mode 100644
index 5f4cb424411..00000000000
--- a/konan/metadata/build.gradle.kts
+++ /dev/null
@@ -1,17 +0,0 @@
-plugins {
-    kotlin("jvm")
-    id("jps-compatible")
-}
-
-description = "Kotlin/Native metadata"
-
-jvmTarget = "1.6"
-
-dependencies {
-    compile(project(":core:metadata"))
-}
-
-sourceSets {
-    "main" { projectDefault() }
-    "test" {}
-}
diff --git a/konan/serializer/build.gradle.kts b/konan/serializer/build.gradle.kts
index ef838315a96..98654304030 100644
--- a/konan/serializer/build.gradle.kts
+++ b/konan/serializer/build.gradle.kts
@@ -8,9 +8,14 @@ description = "Kotlin/Native deserializer and library reader"
 jvmTarget = "1.6"
 
 dependencies {
-    compile(project(":compiler:frontend"))
-    compile(project(":compiler:frontend.java"))
-    compile(project(":konan:konan-metadata"))
+
+    // Compile-only dependencies are needed for compilation of this module:
+    compileOnly(project(":compiler:frontend"))
+    compileOnly(project(":compiler:frontend.java"))
+
+    // Runtime dependency is necessary only to keep the right dependency record inside of POM file:
+    runtime(projectRuntimeJar(":kotlin-compiler"))
+
     compile(project(":konan:konan-utils"))
 }
 
@@ -18,3 +23,7 @@ sourceSets {
     "main" { projectDefault() }
     "test" {}
 }
+
+standardPublicJars()
+
+publish()
diff --git a/konan/metadata/src/konan.proto b/konan/serializer/src/konan.proto
similarity index 100%
rename from konan/metadata/src/konan.proto
rename to konan/serializer/src/konan.proto
diff --git a/konan/metadata/src/org/jetbrains/kotlin/metadata/konan/KonanProtoBuf.java b/konan/serializer/src/org/jetbrains/kotlin/metadata/konan/KonanProtoBuf.java
similarity index 99%
rename from konan/metadata/src/org/jetbrains/kotlin/metadata/konan/KonanProtoBuf.java
rename to konan/serializer/src/org/jetbrains/kotlin/metadata/konan/KonanProtoBuf.java
index c82b50c713d..dc68c54a44c 100644
--- a/konan/metadata/src/org/jetbrains/kotlin/metadata/konan/KonanProtoBuf.java
+++ b/konan/serializer/src/org/jetbrains/kotlin/metadata/konan/KonanProtoBuf.java
@@ -1,5 +1,5 @@
 // Generated by the protocol buffer compiler.  DO NOT EDIT!
-// source: konan/metadata/src/konan.proto
+// source: konan/serializer/src/konan.proto
 
 package org.jetbrains.kotlin.metadata.konan;
 
diff --git a/prepare/idea-plugin/build.gradle.kts b/prepare/idea-plugin/build.gradle.kts
index 5977ea9f79f..a1cad8fbe71 100644
--- a/prepare/idea-plugin/build.gradle.kts
+++ b/prepare/idea-plugin/build.gradle.kts
@@ -46,7 +46,6 @@ val projectsToShadow by extra(listOf(
         ":js:js.parser",
         ":js:js.serializer",
         ":konan:konan-serializer",
-        ":konan:konan-metadata",
         ":konan:konan-utils",
         ":compiler:light-classes",
         ":compiler:plugin-api",
diff --git a/settings.gradle b/settings.gradle
index 24c0f00e326..cff861c5938 100644
--- a/settings.gradle
+++ b/settings.gradle
@@ -50,7 +50,6 @@ include ":kotlin-build-common",
         ":js:js.dce",
         ":js:js.tests",
         ":konan:konan-utils",
-        ":konan:konan-metadata",
         ":konan:konan-serializer",
         ":jps-plugin",
         ":kotlin-jps-plugin",
@@ -242,7 +241,6 @@ project(':compiler:ir.ir2cfg').projectDir = "$rootDir/compiler/ir/ir.ir2cfg" as
 project(':compiler:ir.backend.common').projectDir = "$rootDir/compiler/ir/backend.common" as File
 project(':compiler:backend.js').projectDir = "$rootDir/compiler/ir/backend.js" as File
 project(':konan:konan-utils').projectDir = "$rootDir/konan/utils" as File
-project(':konan:konan-metadata').projectDir = "$rootDir/konan/metadata" as File
 project(':konan:konan-serializer').projectDir = "$rootDir/konan/serializer" as File
 project(':kotlin-jps-plugin').projectDir = "$rootDir/prepare/jps-plugin" as File
 project(':idea:idea-android-output-parser').projectDir = "$rootDir/idea/idea-android/idea-android-output-parser" as File