Putin instructed to transfer 100% of the shares of Krymenergo to the ownership of the republic
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Russian President Vladimir Putin instructed to transfer 100% of the shares of Krymenergo to the ownership of the Republic of Crimea. Decree on this published on the legal information portal.
Now Krymenergo is federally owned. Within two months, the Russian government must ensure the transfer of the asset to Crimea, the document says.
The decree comes into force from the date of signing – November 13.
Krymenergo, owned by Ukrainian businessman Rinat Akhmetov, was nationalized in 2015. The company is registered in Simferopol. “Krymenergo” is the largest supplier of electricity in Crimea, which ensures the stable functioning of the peninsula’s energy system.
Previously, numerous violations were identified at Krymenergo. At the end of September, General Director of Krymenergo Vyacheslav Gaiduk reported Head of Crimea Sergei Aksenov on the dismissal of the heads of six regional branches of the company, as well as four managers in the central office based on the results of an internal audit. The head of the region explained that the reason was the artificial delay in the execution of contracts for technical connection and attempts to obtain remuneration from consumers.
After this Aksenov reported, that he took personal control of the work of Krymenergo. According to him, the head of the company now reports to him, “bypassing everyone.”
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