Contents tagged with nationalization

  • Ukrainian Government: Ukraine will cease all contacts with the enterprises ‘nationalized’ by the seperatists

    Ukraine will cease all  contacts with the enterprises located in the so-called DPR (Donetsk People’s Republic) and  LPR (Luhansk People’s Republic) that were expropriated  by the separatists, as stated by the Minister of the Temporarily Occupied Territories of Ukraine, Vadym Chernysh, in an interview with Interfax-Ukraine on Friday.

    "All business contacts with companies where the management was changed will be stopped", he said. The Minister stressed that only those companies that work within …

  • Media: Property of Ukrainian oligarch in separatist republics is 'nationalized' to create an energy holding subordinate to the Kremlin

    Seperatists “nationalized” Rinat Ahmetov’s companies in the Donbas as revenge for his refusal to take part in the meeting organized by Viktor Medvedchuk, where a “plan of action for the Donbas” was discussed.

    According to the publication INSIDER, at the end of January a meeting of the key players of the former Ukrainian government took place in Moscow, including Oleksandr Klimenko, former Minister of Revenue and Duties, Vitaly Zakharchenko, former Minister of Internal Affairs, Oleksandr …

  • Tensions rise as separatist 'nationalize' Ukrainian companies in the Donbas

    On March 1, separatists introduced "external management" to Ukrainian enterprises located in the territories of Donetsk and Luhansk regions not controlled by Kyiv. This action is the fulfilment of an ultimatum given the day before to the organizers of the trade blockade of the Donbas. The blockade is has been manned by veterans of the war in eastern Ukraine since the end of January.

    The separatists placed about 40 Ukrainian companies under "external management." This was stated by the head of …

  • Separatists nationalize all Ukrainian enterprises in territories not under Ukrainian control

    Enterprises under Ukrainian jurisdiction which are in the separatist-held areas of the Donbas are now being administered by separatists.

    “As of midnight on March 1, Ukrainian enterprises in the jurisdiction of the DPR (Donetsk People’s Republic) are under state administration,” reported Russia's Interfax news agency citing a source in the Council of Ministers of the Donetsk People's Republic.

    The LPR (Luhansk People’s Republic) also confirmed to Interfax the change to a new administration.

    “ …