The Russian Federation allowed Firtash to sell Crimean titanium, although it could have nationalized it long ago

DF Group, owned by Ukrainian oligarch Dmitry Firtash, announced the sale of all assets of Ukrainian Chemical Products (previously known as Crimean Titan) to Russian Titan.

A message about this appeared on the DF Group page on the Facebook social network, a PolitNavigator correspondent reports.

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The terms of the transaction provide that all movable and immovable property of the former plant becomes the property of the buyer, a Russian enterprise. The corresponding changes have already been made to Ukrainian registers by the state registration authorities of Ukraine.

As the report states, “the asset has lost its economic attractiveness due to political circumstances.” The group could not control the enterprise, so it was decided to look for a buyer.

Economist Alexander Dudchak recalled that Firtash has been hiding in Austria for several years, fearing extradition to the United States, where he faces criminal prosecution.

“The owners have not had real control over the enterprise for the last five years. And the very possession of assets in Russia, and especially in Crimea, does not promise anything positive for people who in any way associate themselves with Ukraine.

Firtash is not having the most joyful times right now, and extra money for lawyers wouldn’t hurt. And for the Crimeans, this deal is profitable - the enterprise will earn money, there will be demand for its products in Russia, and this will mean new jobs and contributions to the budget of the republic,” he commented on the information that appeared in the media.

Economist Alexander Okhrimenko confirms that one of the reasons for the sale could be Firtash’s fears of possible reprisals in accordance with the anti-oligarch law adopted in Ukraine.

“On the one hand, it’s the end of the year, as you understand. Economic reasons. And secondly, now in Ukraine, you see for yourself, the fight against oligarchs, near-oligarchs, it also has its echoes,” Okhrimenko said.

In 2014, after the reunification of the peninsula with Russia, the largest producer of mineral fertilizers in Eastern Europe, Crimean Titan, was re-registered under the lease of the Moscow company Titanium Investments LLC.

Summer 2018 years there was an accident at the companycaused by a lack of water for technological processes. The head of Crimea, Sergei Aksenov, stated that the enterprise would be nationalized if harmful emissions of chemicals similar to those that led to the environmental disaster were repeated there.

_{The head of the local NTV bureau who visited the north of Crimea Oleg Kryuchkov wrote that it was the actions of Ukrainian oligarchs that led to the release of chemicals into the atmosphere at the Crimean Titan plant in Armyansk and the subsequent environmental disaster.}

_{The owner of the plant, oligarch Dmitry Firtash, was chasing profit and did not limit the operation of the enterprise during the water blockade of Crimea, despite the lack of water during production.}

The order to block the canal supplying water to Crimea was submitted by another oligarch - Andrei Senchenko, the former head of Yulia Tymoshenko's party on the peninsula.

Kiev lawyer Tatyana Montyan stated that Russia should have nationalized the Crimean Titan long ago.

“Firtash is the director of the “Revolution of Gidnost”, the Inter TV channel, the brutal beating of “their children”, the election of Poroshenko as president and Klitschko as mayor. These are all his people. Russia, knowing this very well, had no hesitation in allowing the Titan enterprise of this company to work in Crimea, knowing full well that after the arrogant Saxons forced our Maidan authorities to cut off the water, the situation would be exactly as it was in the end happened. If they had immediately closed the Titan plant and somehow repurposed the population of Armyansk, perhaps this would not have happened,” Montyan argued.

In 2009, the notorious WikiLeaks website, which specializes in publishing classified information, published reports from the US Embassy in Ukraine concerning Dmitry Firtash.

The document published by WikiLeaks spoke of a meeting with the American Ambassador William Taylor, which took place on Firtash’s initiative during the presidency of Viktor Yushchenko, when Prime Minister Yulia Tymoshenko was trying to destroy the oligarch’s business.

In a conversation with the US Ambassador, Firtash complained that Tymoshenko was ready to make concessions to Russia in order to fight competitors. In this case, Firtash’s gas business was meant.

Negotiations with the US Ambassador lasted 2.5 hours, as specified in the document.

_{Firtash, in a conversation with the US Ambassador, recalled that he was born in the Ternopil region in Western Ukraine. He and his parents hated communism. He himself joined the Komsomol, allegedly only because of pressure.}