30 August 2025

In Crimea, the occupiers put up a winery for sale for nothing

(Tunnels for storing the plant's products. PHOTO: krymr.com)

The occupation authorities of Crimea put up the winery for sale for almost a third cheaper than its nominal value. Earlier, the occupiers sold the Yalta seaport under a similar scheme, and other strategic enterprises of the peninsula are next in line.

This was reported by the Yellow Ribbon resistance movement.

According to the activists, on September 16, the so-called Ministry of Property and Land Relations of Crimea plans to put up for sale 100% of the shares of the Crimean Winery. The package includes almost a thousand hectares of land and more than 65 thousand square meters of production facilities.

The initial price of the lot is 1.6 billion rubles (approximately 480 million hryvnias), which is one third less than the nominal value.

According to the movement, the scheme is the same: minimum price, a buyer, and maximum profit for Moscow beneficiaries and local officials. Instead, the Crimean budget only loses.

This is not the first time that strategic facilities have been sold off. Earlier, the occupiers sold the Yalta seaport for 1.49 billion rubles (about 450 million UAH). The winner and at the same time the only bidder in the auction for the port was a Moscow-based microcompany founded in April 2025.

The company is controlled by the Angage closed-end mutual investment fund, whose ultimate beneficiary is Arkady Rotenberg, a close associate of Putin. The next on the list for so-called privatization may be the Yevpatoria seaport and the Dzhankoy machine-building plant.

In July, in occupied Crimea, the Russian authorities put up for sale 100% of the shares of companies that manage seaports in Yalta and Yevpatoria, despite the low cargo traffic due to sanctions. Presumably, these facilities are planned to be reoriented to tourist or passenger transportation, as cargo traffic is unlikely to increase.

In addition to these ports, the occupation authorities formally control the ports of Kerch and Feodosia, which are federally owned by Russia.

Анна Бальчінос

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