Business news from Ukraine

Business news from Ukraine

President of Ukraine Signs Decree on Sanctions against Zaporizhstal

13 May , 2023  

Ukrainian President Vladimir Zelensky has signed decrees on several sanctions packages, including Zaporizhstal.

“Today is sanctions day. There are several sanctions packages, the relevant decrees have been signed. The first sanctions package is in relation to Zaporizhstal. With his decree imposed restrictive measures on 41 persons – 13 individuals and 28 legal entities – with which the Russian Federation maintained control over the enterprise, harmed our economy,” he wrote in the telegram channel.

“We start the procedure for the confiscation of the Russian part – it will work for Ukraine and Ukrainians,” Zelensky added.