Irshansk MPP and Vilnohirsk MMP will be returned into state management


The government has ordered the Ministry of Economic Development and Trade to transfer the rights for Irshansk Mining and Processing Plant and Vilnohirsk State Mining and Metallurgical Plant which were leased by businessman Dmytro Firtash TITAN located in Crimea to the State United Mining and Chemical company.

The corresponding resolution was published on the website of the Cabinet of Ministers.

First, the information about the company must be transferred by the State Property Fund to the Ministry of Economic Development and Trade on the basis of termination of the agreement with Crimea TITAN, according to the document.

Then the ministry must transfer the information to the state company and at the same time offer the most effective mechanisms for production capacity.

Source: Unian
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