​​​​​​​Russians trying to sell legendary Massandra winery in occupied Crimea

Today, 100% of the company’s shares belong to the “Ministry of Property” of Crimea.Photo from UNIANPhoto from UNIAN

The occupation authorities in Crimea have put up for an auction 100% of shares of JSC Production and Agricultural Association Massandra – the oldest and largest winery on the peninsula.

That’s according to the Russian Interfax, referring to the data released on the Unified Electronic Trading Platform.

The starting price of the shares is RUB 5.3 billion (about $70 million).

The auction has been scheduled for December 14. The applications shall be accepted until 18:00 December 8.

At the moment, 100% of the company’s shares are held by the Ministry of Property of Crimea.

Massandra: Latest developments

After the occupation of Crimea by Russia, Massandra’s production routine faced difficulties. The enterprise was unexpectedly handed over to be controlled by the administrative department of the Russian President, while a long-time CEO Mykola Boyko, who had been in charge of the company for 28 years, was fired and even charged in a criminal investigation.

The vineyards, formerly owned by Massandra, were being sold out, while the winery started producing dry wine instead of its traditional jeres and port.

(C)UNIAN 2020

At the same time, Massandra came under the EU sanctions imposed for the annexation of Crimea.

In 2015, Ukraine was furious over the opening of five bottles of 240-year-old Jerez de la Frontera from Massandra’s acclaimed collection – for a cellar tour of Vladimir Putin and Italy’s Silvio Berlusconi.

3 comments

  • Летающий Киви

    Russia has raped and pillaged another business, now the rotting carcass is for sale

    Liked by 5 people

    • “The enterprise was unexpectedly handed over to be controlled by the administrative department of the Russian President.”

      The mini wannabe tsar takes what he wants just like any other fascist dictator. Then opens 5 240-year old bottles of Ukrainian wine with Berlusconi. Nobody will miss him when he’s gone, I wish someone would get it over with sooner rather than later.

      Liked by 4 people

  • “In 2015, Ukraine was furious over the opening of five bottles of 240-year-old Jerez de la Frontera from Massandra’s acclaimed collection – for a cellar tour of Vladimir Putin and Italy’s Silvio Berlusconi.”
    Fitting! Two assholes from asshole mafia countries in a stolen land sharing stolen goods.

    Liked by 4 people

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.