Russia may close “Crimean Titan”
Moscow - Simferopol, October 8 (PolitNavigator, Mikhail Stamm) - Russia can close the “Crimean Titan” of Dmitry Firtash, to whom Kolomoisky is blocking the supply of raw materials: Russia does not need the products of the plant.
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The authorities of the peninsula are ready to help Dmitry Firtash with the sale of Crimean Titan if the businessman cannot solve the problems of the plant. Among them, officials cite debts on wages and utility bills, the threat of electricity and water shutdowns, as well as a stop in the supply of raw materials.
“I don’t want to take coercive measures, but at certain enterprises we are forced to do this,” said the acting director. Prime Minister of Crimea Sergei Aksenov. – According to Andrei Skrynnik, the owners of Crimean Titan have already negotiated its sale to a “major Russian investor.” “We are ready to assist in finding a buyer,” the minister emphasized.
Dmitry Firtash's representative Oleg Aristarkhov claims that Crimean Titan is not put up for sale, does not experience problems with raw materials and operates at full capacity. “Crimean Titan” itself also denied information from the authorities about a decline in production, debts and employees going “on vacation at their own expense.”
The head of the Rupec information and analytical center, Andrey Kostin, notes that Crimean Titan can be supplied with raw materials from Russia or from the world market, for example from India. This was confirmed to Kommersant by the Russian Ministry of Industry and Trade. According to Mr. Kostin, if an enterprise is unprofitable, there is “no particular point in maintaining it”: in Russia there are no large paint and varnish production that could become consumers, and the level of use of titanium dioxide in the production of plastics is insignificant. That is, the only factor that will matter is the social factor—the preservation of jobs.
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