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Russia plans to create special structure for managing famous Crimean vineries

“One of possible ways to decide the fate of the Crimean vineries is to privatize their assets,” the Deputy head of the Duma Committee on economic politics and entrepreneurship Viktor Zvagelsky adds
Vinery "Massandra" in Crimea ITAR-TASS/SERGEI ILNITSKY
Vinery "Massandra" in Crimea
© ITAR-TASS/SERGEI ILNITSKY

MOSCOW, April 03. /ITAR-TASS/. A special state structure should be created to manage famous Crimean vineries such as "Massandra", "Novy Svet" and "Magarach," the Deputy head of the Duma Committee on economic politics and entrepreneurship Viktor Zvagelsky said at a press conference on Thursday. Presidential envoy for entrepreneurs’ protection Boris Titov supported the idea.

ITAR-TASS earlier reported that 131 enterprises of the agrarian-industrial sector were nationalized in Crimea in the end of March. The“Massandra,” “Novy Svet” and “Magarach”vineries, which had earlier been part of Ukraine's state property, are among the enterprises nationalized in Crimea.

“The establishment of a managing organization to run the famous vineries would be expedient if their assets remained under state control,” the MP said. "It would be wrong to place these famous brands under Soyuzplodimport protection — an organization that defends Russia's rights to its own trademarks. The brands under Soyuzplodimport control have no positive tendencies now. Therefore, it would be wrong to suggest that Soyuzplodimport could appropriate the additional brands," Zvagelsky said.

“Neither the assets of the Crimean vineries should be turned over to the "Russian Spirits Industry" company which deals with mass alcohol production, rather than the development of the existing brands,”he said.

“One of possible ways to decide the fate of the Crimean vineries is to privatize their assets,” the MP said. A decision on the Crimean vineries will be made by the government, he added.