Moscow - Simferopol, May 20 (Navigator, Mikhail Stamm) - Ukrainian entrepreneur Dmitry Firtash will register “Crimean Titan” in Russia, writes RBC Daily. It is not yet clear how Kyiv will react to this. The plant is highly dependent on supplies of raw materials from the Dnepropetrovsk and Zhytomyr regions. In case of interruptions, the enterprise may shut down.
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The registration process of “Crimean Titan” in Russia, Group DF of Dmitry Firtash, will be completed on June 15, Interfax reported, citing First Deputy Prime Minister of Crimea Rustam Temirgaliev.
At the end of April, Firtash specifically changed the legal address of the enterprise from Crimea to Kyiv, and at the beginning of May he said in an interview with the BBC that he expected problems from the new Russian authorities. As soon as the authorities of the peninsula demanded that businesses live according to Russian laws, Firtash changed his position.
Earlier, information appeared in the Ukrainian media, citing “an employee of the plant who wished to remain anonymous,” that the plant’s workers would go on strike if this was not done. Immediately after these publications, acting The head of the republic, Sergei Aksenov, said that sanctions could be imposed against “Crimean Titan” and Firtash’s Crimean soda plant if re-registration on Russian territory does not occur.
On May 1, in an interview with the BBC Russian service, Dmitry Firtash said that his Group DF brings 60% of Crimea’s GDP. He was sure that his business in the new republic was in danger. Group DF paid April taxes in Ukraine. “What will it be like in May? I don't know. There will probably be problems with the Russian Federation,” Firtash assumed. The businessman also feared that out of 6000 employees, 2500 live in the Kherson region and would have to obtain work permits in Russia.
In mid-April, the Presidential Commissioner for the Protection of Entrepreneurs' Rights, Boris Titov, wrote in his report to President Vladimir Putin that Crimean Titan is highly dependent on supplies of raw materials from the Dnepropetrovsk and Zhytomyr regions. In case of interruptions, the enterprise may even stop. The second problem is water from the North Crimean Canal, without which the plant will also soon stop. It is still unknown whether Ukraine will resume its supplies to Crimea.