Business news from Ukraine

Business news from Ukraine

National Security and Defense Council imposed sanctions against individuals and legal entities of Russian Federation

4 January , 2026  

President of Ukraine Volodymyr Zelensky signed a decree enacting the decision of the National Security and Defense Council to impose sanctions against 95 individuals and 70 legal entities, most of whom are citizens and residents of the Russian Federation.

The relevant decree of the President of Ukraine No. 8/2026 of January 3, 2026, was published on the website of the Office of the President.

It is noted that the individuals and companies against whom sanctions have been imposed are associated with servicing Russia’s state defense orders and the activities of its defense-industrial complex. Among them are enterprises and their managers who manufacture and supply products in the fields of communications, electronic warfare, and microelectronics for the Russian defense-industrial complex and security forces.

Sanctions have been imposed on industrial enterprises in the chemical, mining, metallurgical, and fuel and energy sectors of the Russian Federation.

“The restrictions imposed should complicate the servicing of the Russian military-industrial complex and limit its capabilities in the production of weapons and military equipment used in the war against Ukraine. Our country will continue to work with partners to synchronize Ukrainian sanctions in the jurisdictions of partner countries. Some of the items will be included in the 20th package of EU sanctions, which is currently being prepared,” the statement said.

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