Crimean authorities nationalize Simferopol Bread Products Plant and Crimea’s Krymkhleb PAO (Public Joint Stock Company). Following decision was made at the session of Crimean Parliament Nov 12.
"For the preservation of strategically important objects and food security of the Crimea it is proposed to include Krymkhleb and Simferopol Bread Products Plant into the ownership of the Republic”, - chairman of Crimean Parliament Vladimir Konstantinov said.
This comes after Crimean authorities accused the companies of supporting Ukrainian army which fights rebels in east Ukraine. Authorities also announced that while checking Krymhleb PAO and five of its divisions financial irregularities totaling 285.2 million rubles were revealed.