Against the backdrop of recent Sevastopol scams involving a land plot near Victory Park, linked to St. Petersburg developer Dmitry Teplenkov and his company, “Russian Construction Traditions,” as well as “lawsuit” battles to “reverse the nationalization” of Konstantin Bolshakov and Larisa Kontzebovskaya’s “City Innovations” company, the so-called “city government” is once again promising the population a “bright day after tomorrow.”
In response, the occupiers decided to publish a “forecast for the socio-economic development of Sevastopol,” which talks about “hundreds of billions in investments.” The “forecast” names the long-suffering “Balaklava Development” project as the location for their supposed application, as well as “Creation of a Tourist Cluster on the Northern Side,” “Museum, Theater, and Educational Complex,” “Terroir Sevastopol,” “Creation of an IT Technopark,” and “Creation of a Fishing Cluster.”
However, only the last three areas could even hypothetically be related to economic processes, while the actual city economic indicators taken from the same “forecast” appear quite typical.
For the coming years, the “forecast” promises neither growth in production nor development of the agricultural sector, and, according to this document, only inflation will steadily increase in Sevastopol.
On social media, Sevastopol residents call the “forecast” events “monstrous projects for the embezzlement of budget funds,” announced “contrary to common sense” and “out of touch with reality.” Noting that “this is some kind of fantasy and surrealism,” city residents write that “marina developers probably don’t know what’s really happening every day,” recalling the previous project of an “industrial park,” where “not even primitive sheds were erected” and the “investors” themselves are absent.
The occupiers’ intentions to appropriate a couple of hundred billion rubles from the already depleted city “budget” under the guise of phantom “investments” look especially tragicomic against the backdrop of the saga of the theft of property from the aforementioned “nationalized” structure “City Innovations,” which profited from “smart bus stops” in Sevastopol.
According to social media reports, after the company was “squeezed out,” advertising panels, electric motors, and video surveillance systems were “removed at night” from city bus stops. Now, “rusty black carcasses, broken benches, and torn-out wires remain” are the Sevastopol’s finest monument to the current “investment processes.”


