Major cement and shipbuilding plants will now be owned by the state

Russian officials have nationalized more than 130 properties in Crimea that previously belonged to Ukrainian ‘oligarchs’ who have been supporting Kiev in its conflict with Moscow, Vladimir Konstantinov, the head of the republic’s State Council, revealed on Wednesday.

He wrote on Telegram that Crimean officials had been thinking about nationalizing “enterprises located on the territory of the peninsula and owned by Ukrainian oligarchs” for a long time.

According to Konstantinov, the registry of enterprises subject to nationalization features properties of “foreign citizens and states that have been committing unfriendly actions against Russia” and includes some major plants, such as the cement plant Stroyindustriya in Bakhchisaray and the Zaliv shipyard in Kerch.

“For us, this measure is an act of justice. We cannot allow accomplices of the Ukrainian Nazi regime to earn money on our territory,” Konstantinov stressed.......more below

https://www.rt.com/russia/565839-crimea-oligarchs-property-nationalized/