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Crimea nationalizes agribusiness, forest, hunting enterprises

March 26, 2014, 19:30 UTC+3 SIMFEROPOL
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SIMFEROPOL, March 26. /ITAR-TASS/. The State Council (parliament) of Crimea, a former Ukrainian region that recently became part of Russia, issued resolutions on Wednesday to nationalize the property of enterprises, institutions and organizations of the agro-industrial sector, as well as the forest and hunting sectors, the CrimeaInform news agency reported.

The agribusiness enterprise list contains 131 companies, including well-known wineries Magarach and Massandra, sparkling wine factory Novy Svet and others.

All Crimean nature reserves, parks, forest and hunting farms have also become the republic’s property. All these organizations, in line with the resolutions, will continue their activity on the basis of valid licenses, title establishing and approval documents.

The Republic of Crimea, where most residents are Russian, held a referendum on March 16, in which about 97% of its population decided to secede from Ukraine and join Russia. Crimea subsequently signed a treaty on its reunification with the Russian Federation as a constituent member on March 18.

The developments came amid political turmoil in Ukraine, where a coup occurred in February following months of anti-government protests that often turned violent.

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