KIEV, Aug. 27 – The State Property Fund of Ukraine said that after Russia annexed Crimea, it lost control over 27 companies, the net asset value of which as of 2008-2009 was UAH 1 billion.

"A total of 27 enterprises were left on the territory of Crimea, including three of them which were undergoing the readjustment procedure and six were being liquidated. Ukraine's loss tentatively is UAH 1 billion – these are 2008-2009 prices, taking into account the net asset value. The loss is set too low," SPF head Ihor Bilous has said said on Radio Svoboda.