This freeper keeps posting disgusting russian source, that sells items depicting russian victory over the USA.
Posted on 07/07/2025 12:48:40 AM PDT by Cronos
Russian authorities moved to nationalize one of the country’s largest gold producers, the latest example of the Kremlin’s wartime campaign to seize key private assets.
The case targets Yuzhnouralzoloto (South Ural Gold), the country’s third-largest gold mining company, which is controlled by billionaire Konstantin Strukov, the deputy chairman of the Chelyabinsk regional legislative assembly and a member of the ruling, pro-Kremlin United Russia party.
The Prosecutor General’s Office lawsuit, reported Thursday by the state-run TASS news agency, comes after Federal Security Service (FSB) agents raided the company’s headquarters and sites linked to Strukov in the Chelyabinsk region.
Prosecutors allege that Strukov used his government position to illegally acquire control of Yuzhuralzoloto, which he had headed before entering politics. According to the suit, he reorganized the asset into a public joint-stock company, the Yuzhuralzoloto Group of Companies (YUGK), and transferred ownership to close associates and his daughter Alexandra Strukova, who holds Swiss citizenship.
While Yuzhnouralzoloto reported 25 billion rubles (around $320 million) in revenue from producing 10.6 metric tons of gold last year, it also posted a net loss of 7.2 billion rubles ($90 million).
A source cited by the RBC news website said Wednesday's FSB raids stemmed from allegations of environmental violations and unsafe industrial practices, particularly at mining sites in the Plastovsky and Etkulsky districts.
A law enforcement source told the Kommersant business daily that Yuzhnouralzoloto has been linked to six fatal workplace incidents in recent years, which the source said suggests “a negligent approach” to industrial safety.
The nationalization push reflects a growing trend in Russia as authorities seek to reassert state control over lucrative industries, especially those tied to natural resources. The move comes amid a post-invasion economic shift triggered by sweeping Western sanctions and a ballooning federal deficit.
In a March report to President Vladimir Putin, Prosecutor General Igor Krasnov said companies already nationalized were valued at 2.4 trillion rubles ($30 billion).
In 2024, the state assumed control of nearly 70 companies with total revenues exceeding 807.6 billion rubles ($10.2 billion) and assets valued at more than 544.7 billion rubles ($6.9 billion), according to The Moscow Times’ calculations.
How on earth can American citizens put up with this? Sure, we have our own domestic problems, but this is a bridge too far. Only a Putin Puppet could sit still and watch this go down.
WTH are you taking about, put up with it? It’s not our country. One thing about Russians both before the fall of communism and now: they do what they damn well please with no outside consultation.
CC
So sorry. Sometimes the sarcasm is so thick that a (/s) isn’t necessary.
For whatever reason that one got past me. Perhaps I’ve been hanging around the comments section of youtube too long. There, ludicrous and unintentionally ironic posts appear all the time. Sometimes they’re troll-bait and sometimes they’re just people with defective thought processes. Mea culpa.
CC
“So sorry. Sometimes the sarcasm is so thick that a (/s) isn’t necessary.”
Funny, not tough for me to get it. One of the things pointed out by Alexander and Brian is that because Russia retained ownership of their defense industry, they were able to keep it in a condition to quickly SPIN UP if the Neocons launched another war against them. Whereas in Southern California, just about every shopping center built in past 40 years is on the soil of a former defense plant.
In Russia, they operated their defense plants at 10 to 25% of capacity when they didn’t feel threatened...something that is literally IMPOSSIBLE to do when you have to answer to shareholders. So when Victoria Nuland and the rest of her hormone-driven tribe decided to launch their war, Russia was ready...and the West was left in the dust.
Fascist dictators do what fascist dictators do🤔
Yep! Russia, China etc! You put in the work and become successful and then bam! You’re out the widow and all your stuff belongs to DEM!
Russian mafia government needs money, so it seizes private large successful companies.
Don’t you love a country that looks at a company and then decides it wants it? And then takes it?
I guess Russia created the oligarchs…it can take them away.
Military Summary Channel
https://youtu.be/6D4lYZBJFiw
Ukies continue their winning ways by giving up more territory.😄
This freeper keeps posting disgusting russian source, that sells items depicting russian victory over the USA.
Well they did take Brighton Beach.
Your Momz sells cartoon balloons in town😄🤡🤡🤡🤡
Yuzhnouralzoloto has long been in trouble with the government because his last name has more letters then the form fields on most government document computer forms
Is it any of our business? No. Just in the heads of Russia haters.
Probably a legit law enforcement action, IMHO, otherwise they would have gone after the largest gold producer.
So in other words, Russia acted like a totalitarian dictatorship both before and after the fall of the Soviet Union
New Totalitarian Russia, same as Old Totalitarian Russia
“New Totalitarian Russia, same as Old Totalitarian Russia”
As we’re seeing in Ukraine, sometimes being a bit totalitarian (as opposed to full-up libertarian) has its benefits.
Oh no, I owned most of that, I think, let me check ... no we’re okay, I own the FOURTH largest Russian gold company.
Dodged a bullet there.
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