Sevastopol Seizes Assets of 11 Firms, Citing Aid to Ukrainian Forces

Overview

• The city government approved a decree to nationalize movable and immovable property tied to 11 commercial entities and several individuals.
• Authorities published the list of assets on the Sevastopol government website and said the transfer into municipal ownership has begun.
• Units of the Sevstar brand, including operations that support the city’s largest internet provider, are slated to move under city control.
• The roster includes LLCs such as Sevstar ISPS, Sevstar IT, Sevstar MT, Lancom, Sevtelekomservis, Frinet Krym, NPP MIST, as well as Digital Innovations and Spetstekhservice.
• Officials said the actions also cover private owners and a local restaurant known as Glechik, whose proprietors are described as residing in London.