100% of shares of Factory of sparkling wines New world located in Russia-annexed Crimea, was sold to the occupiers “competition”, OOO South project (Saint Petersburg, structure of Bank of Russia) for RUB 1.5 billion ($of 25.54 million). It is reported by Interfax.

The initial price of the stake in the New world was 1,496 billion rubles in Addition to St. Petersburg, the company participated in competition of the Moscow OOO Voom-box invest. It is suggested for the shares of the oldest winery in the Crimea 1,497 billion.

The authorized capital of the New world occupants identified in 595,52 million rubles 100% of the refinery’s shares were owned by the occupying authorities of Crimea.

The company was founded in 1878 by Prince Lev Golitsyn as plant for the production of sparkling wine in the acquired possessions in a New Light. The plant is located on 11 hectares of land. New world in the summer of 2017 by the decision of the occupation authorities changed the form of ownership “of state unitary enterprise” joint-stock company.

Read also: Small business can not survive in Crimea – a former businessman

Occupants explained shareholding factory urgent need of modernization.

“Depreciation on the plant is about 60-70%. For modernization of the enterprise need of 1.2 bn (us$20,43 million). Talking about the borrowing of large credit institutions is difficult,” claimed the so-called Ministry of agriculture of the Crimea.

OOO South project was in November 2017, is engaged in consultation on questions of commercial activity and management 100% of the share capital of the company belongs to the Bank Russia.

And the Bank of Russia, and plant the New world are under Western sanctions.

Earlier it was reported that the Crimean TeleSystems LTD., which before the occupation of the Peninsula was a unit of the group of companies Will on the Peninsula, changed its owners.

Occupiers sold the Factory of sparkling wines New world 20.12.2017

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