Zaporozhye titanium and magnesium plant returned to state ownership/061
Oligarch Dmitry Firtash was left without one of his assets. The Zaporizhia Titanium and Magnesium Combine became the property of the state by a court decision.
The judicial epic in the case of the Zaporozhye Titanium and Magnesium Combine has ended. True, not in the way that the sanctioned oligarch Dmitry Firtash would like.
The plant returned to state ownership
The Supreme Court left the decision of the previous instances of the return of the Zaporozhye titanium and magnesium plant to the state ownership unchanged. Thus, the enterprise finally moved from the lists of assets of oligarch Dmitry Firtash to the lists of state-owned enterprises.
Thus, the court agreed with the arguments of the prosecutor and the representative of the State Property Fund of Ukraine, as a plaintiff, which were presented during the trial, and refused to satisfy the cassation complaint of Tolexis Trading Limited, the court decision of May 23 says.
Thanks to the court decision, the property complex of the plant was returned to state ownership in its entirety and irrevocably.
Representatives of Dmitry Firtash twice tried to appeal the court decision to return the plant to state ownership, but were unsuccessful – the oligarch lost one of his assets.
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Recall that at the beginning of the war, Dmitry Firtash asked to be allowed to leave for Ukraine in order to defend his state. Now he is in Austria, where he is trying to challenge the US request for his extradition.
The war of Russia against Ukraine: a brief summary of recent events
- According to the speaker of the Ministry of Defense of Ukraine Alexander Motuzyanyk, now the most “hot” phase of Russia's war against Ukraine continues. The invaders suffered heavy losses, so they concentrated all their forces on the occupation of the Donetsk and Luhansk regions. The enemy has attracted large forces to reach their administrative borders.
- The Rashists make insane shelling of cities on the front line. All of their assault attempts fail, so they decide to simply wipe out all buildings and lifeforms.