 Poroshenko's business empire also includes several car and bus factories, Kuznya na Rybalskomu shipyard, the 5 Kanal television channel, as well as other businesses in Ukraine.Although not the most prominent in the list of his business holdings, the assets that drew much recent media attention, and often controversy, are the confectionery factory in Lipetsk, Russia, that became controversial due to the Russian military intervention in Ukraine (2014–present), the Sevastopol Marine Plant (Sevmorzavod) that has been confiscated after the 2014 Russian forcible annexation of Crimea and the media outlet 5 kanal, particularly because of Poroshenko's repeated refusal to sell an influential media asset following his accession to presidency.According to Poroshenko (and Rothschild Wealth Management & Trust) since becoming President of Ukraine he has relinquished the management of his businesses, ultimately (in January 2016) to a blind trust.