Crimea sells Novy Svet winery to Yuzhny Proekt for 1.5 bln rbl - Consumer Goods & Retail - 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

Crimea sells Novy Svet winery to Yuzhny Proekt for 1.5 bln rbl

SIMFEROPOL, Dec 20 (PRIME) -- Crimea has sold 100% in sparkling wine producer Novy Svet to RussiaТs Yuzhny Proekt company for 1.5 billion rubles, according to information obtained by PRIME on Wednesday.

The regionТs government said earlier in December that the starting price for privatization of Novy Svet would amount to about 1.5 billion rubles and there were interested investors. Besides Yuzhny Proekt, local company Voom-Vokh Invest also participated in the privatization auction.

The Novy Svet winery, also known as Novyi Svit, was founded in 1878 by Prince Lev Golitsyn, and it was one of the first wineries in Russia. The plant was nationalized in 2014.

(58.6117 rubles Ц U.S. $1)

End

20.12.2017 10:42
 
 
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