Crimean government mulls privatization of Massandra winery

SIMFEROPOL, Feb 26 (PRIME) -- The Crimean government plans to privatize the region’s largest winemaker Massandra, head of the republic’s parliament Vladimir Konstantinov told reporters on Tuesday.

“The issue will be considered as a privatization issue. No state management is assumed. Competition in the industry is heavy and much investment is necessary,” he said.

Russian Prime Minister Dmitry Medvedev earlier signed an order to transfer the ownership over the company from the Department of Presidential Affairs to the republic of Crimea.

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