. Last Updated: 07/27/2016

Crimea Privatization

KIEV () -- The former Soviet Union's summer playground of Crimea plans to sell off small enterprises including resorts and rest homes in line with a parliamentary decision to privatize 1,215 firms this year.


"Crimea is trying to catch up on what it lost during the three-year moratorium on privatization," Crimean Deputy Premier Andrei Senchenko said Friday. Crimea is an autonomous republic within Ukraine.