07 September 2025

In Crimea, the occupiers are going to sell the plant taken away from Poroshenko

(COLLAGE: Radio Liberty)

The Sevastopol Shipyard, formerly owned by Ukrainian President Petro Poroshenko, may be put up for sale in Russia. The enterprise, which was illegally "nationalized" by the occupation authorities of Crimea on March 19, 2015, has serious problems with the lack of orders.

This was reported by the Center for Investigative Journalism.

The occupation authorities in Crimea are discussing the possibility of selling the Sevastopol Shipyard, which was illegally "nationalized" from its former owner, President of Ukraine Petro Poroshenko, in 2015. According to Andriy Kostin, chairman of the board of directors of the United Shipbuilding Corporation, the company, which has existed since 1783, has faced serious problems: only 200 employees remain, and there are virtually no orders. A list of similar facilities is planned to be sent to the government and the president of the Russian Federation.

At the same time, the so-called "governor" of Sevastopol, Mikhail Razvozhayev, says that the possible sale will not mean the liquidation of the plant, but rather may help attract a new investor who will help "restore a worthy place in the economy" of the port. According to him, the agreement with the investor reached at the St. Petersburg International Economic Forum will allow the port to start systematic development.

After the annexation of Crimea, Sevastopol Shipyard was "nationalized" on March 19, 2015 and registered as a "state unitary enterprise". In September of the same year, it became a branch of the Russian Zvezdochka plant, and in October received its first order from the Russian Black Sea Fleet. In February 2018, the enterprise was transferred to the federal ownership of Russia, but even after that, its activities remained inefficient, as evidenced by the Secretary of the Security Council of the Russian Federation Nikolai Patrushev, who criticized the slow transition of Crimean enterprises to "state ownership."

Катерина Глушко

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