Ukrainian businessmen nationalize factories and resorts in Crimea

Crimea has prepared another package of property of Ukrainian businessmen, which will be nationalized. This was reported on February 13 by the Chairman of the State Council of the Republic Vladimir Konstantinov.

"In the new list - 114 names, which include more than 720 objects of movable and immovable property", - he wrote in Telegram-channel.

Among the large organizations he named "Beer and soft drinks plant Crimea", "Dolphinarium Nemo", "Sakskie mineral waters" and "Sanatorium-resort complex "Green Cape".

In addition, the property of the family of Lviv businessman Oleh Genshaft, former member of the Verkhovna Rada of Ukraine Lyudmyla Denisova and other citizens of foreign countries is subject to nationalization.

In 2022, the State Council of Crimea approved the decision to nationalize the property of Ukrainian oligarchs linked to the Kiev authorities.

On June 12, 2024, Konstantinov announced the nationalization of the assets of former Ukrainian Prime Minister Arseniy Yatsenyuk and other Ukrainian politicians and oligarchs. The assets of the Ukrainian singer, winner of the Eurovision 2016 contest Susana Jamaladinova, known as Jamala, were also nationalized.

Later, on 9 July, the head of the Crimean parliament said that the largest assets of Ukrainian oligarchs, which previously belonged to them, had been transferred to the ownership of Crimea. He also previously reported that the republic's budget had been replenished by more than 2.1bn roubles gained from the sale of nationalized assets of Ukrainian oligarchs.