Crimean government mulls privatization of Massandra winery - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

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.

End

26.02.2019 12:47