Business news from Ukraine

PRESIDENT OF UKRAINE SIGNS DECREE ON SANCTIONS AGAINST RUSSIAN ENTERPRISES

23 January , 2022  

President of Ukraine Volodymyr Zelensky by decree put into effect the decision of the National Security and Defense Council (NSDC) to impose personal economic sanctions against Russian enterprises and organizations, the presidential press service said. The decision to impose sanctions against Russian enterprises, companies, organizations was made by the NSDC on December 30, 2021. Zelensky on January 21, by decree No.19, put into effect the NSDC decision.
As noted, some 24 enterprises fell under the sanctions. They have the same restrictions. In particular, this is the freezing of assets, the restriction of trade operations, the prevention of the withdrawal of capital from Ukraine, suspension of the fulfillment of economic and financial obligations, cancellation or suspension of licenses and permits, the receipt (availability) of which is a condition for the implementation of a certain type of activity.
The list included such enterprises as JSC Lenpromtransproekt, JSC Insurance Business Group, Gas JSC Industry Insurance Company, JSC Grand Service Express Transport Company, JSC Giproshakht, JSC Russian Institute of Urban Planning and Investment Development “Giprogor,” COOP HIMMELB(L)AU Wolf D. Prix & Partner ZT GmbH, ALARM911 Neva LLC, Geozemstroy LLC, Krymsetenergoproekt LLC, Research Institute of Diagnostics LLC, Research Institute of Perspective Urban Planning LLC, Nivad LLC, SIRIUS Project LLC, Transproekt LLC, Tyus Management Group LLC, Transstroy Holding Company LLC, Federal Target Program”Modernization of the Russian Transport System of Russia,” the Federal State Enterprise “Departmental storage of railway transport of the Russian Federation,” Federal State Enterprise “Departmental Security Department of the Ministry of Transport of the Russian Federation,” Fund for Social and Cultural Projects “National Cultural Heritage,” Autonomous NGO for the Promotion of Activities “Russian Seasons,” State Autonomous Institution of the City of Sevastopol “Development Center tourism.”

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