Business in Crimea has taken a beating since the peninsula’s annexation by Russia, as its tourism industry collapsed and companies were cut off from vital suppliers and customers in Ukraine. Now comes the latest blow: Nationalization.
Russia's War Against Ukraine
Bloomberg Businessweek: Russia delivers a new shock to Crimean business – forced nationalization
A freight train crosses champagne vineyards outside Sevastopol, Crimea, on Oct. 30, 2014.
