President Volodymyr Zelenskyy signed decrees enacting the decisions of the National Security and Defense Council of Ukraine on the imposition of sanctions targeting Russian individuals and companies supplying goods for Russia’s military-industrial complex, as well as on the extension of restrictive measures that were due to expire.
In particular, sanctions against 13 individuals and 21 legal entities have been extended. These sanctions were originally imposed in 2023. Four companies from that package have ceased their unlawful activities.
Ukraine prolonged restrictive measures against Irina Babakova, Natalia Selivanova, and Vadim Giner, who are associated with the activities in Ukraine of the financial-industrial group VS Group Management LLC, founded by sanctioned Russian nationals – representatives of the former criminal group Luzhniki, Alexander Babakov, Mikhail Voevodin, and Eugeny Giner.
The second decree imposes sanctions on 32 Russian companies and 34 Russian nationals, most of whom are directors and founders of these enterprises. Among them are companies involved in supplying goods for S-300 and S-400 systems, the Topol, Yars, and Iskander ballistic missiles, as well as gunpowder, rocket fuel, and components for munitions.
Also under sanctions are Russian enterprises producing electronic intelligence systems, airborne platforms for special equipment, and companies integrated into supply chains for high-precision industrial equipment and electronic components in circumvention of sanctions.
In particular, the list includes individuals who attempted to facilitate the removal of U.S. sanctions on Russia and to soften the position of the European Union.
“We continue systematic work to identify key enterprises of Russia’s military-industrial complex. Sanctioning such companies significantly complicates their international commercial activity, access to technology, financing, and global supply chains. Each sanctions decision means fewer opportunities for producing Russian missiles and drones used by the enemy against Ukraine,” said Advisor – Commissioner of the President for Sanctions Policy Vladyslav Vlasiuk.
Ukraine, as usual, will share all necessary information with partners to ensure full synchronization of sanctions across international jurisdictions.