Business news from Ukraine

Ukraine imposed sanctions against 182 Russian and Belarusian companies

29 January , 2023  

Ukraine has imposed sanctions against 182 Russian and Belarusian companies mainly involved in cargo transportation, vehicle leasing and chemical production, as well as three individual entrepreneurs.
The corresponding decree of Ukrainian President Vladimir Zelensky No. 50 of January 28, which implements the decision of the National Security and Defense Council of the same date, adopted on the initiative of the Security Service of Ukraine, is published on the website of the head of state.
The list includes, in particular, Russian Uralkali, Kazan Organic Synthesis, Bashkir Soda Company, Siberian Coal Energy Company, Belarusian Belaruskali, Gomel Chemical Plant, Lakokraska and Kronospan OSB.
Moreover, VTB Leasing, Gazprombank Leasing, Raiffeisen Leasing and Belgazprombank are also included in the sanctions.
The list also includes Belarusian Railway and Belarusian EuroTransVagon, Russian Inter Cargo Company, Gazpromtrans, Russian Container Company, First Industrial Operator, Investment Wagon Company, Freight Company and Federal Freight Company.
The decree imposes 18 points of sanctions on each company, including blocking assets, restricting trade operations and halting transit.
The President instructed the Ukrainian Ministry of Foreign Affairs to inform the competent authorities of the EU, the US and other countries about the sanctions and raise the issue of introducing similar restrictive measures with them.
Earlier on Saturday, Zelensky said he had signed a decree on sanctions against companies associated with the transportation of Russian military equipment and soldiers.
“We are talking about 185 companies and individuals. Their assets in Ukraine are blocked, the available property will be used for our defense. And we will work to ensure that a similar blocking is applied by other countries,” he said.