By using our website, you agree to the use of our cookies.



  • days
  • Hours
  • Minutes
  • Seconds
🇳🇬 👍 🇳🇬
Russia-Ukraine: UK releases fresh sanctions on Russian businesses

Russia-Ukraine: UK releases fresh sanctions on Russian businesses


Several manufacturers, companies, and top figures have been targeted by Britain in the latest round of sanctions to hit Russia since the invasion of Ukraine.

The sanctions come as Ukrainian President Volodymyr Zelensky visits Britain, meeting Prime Minister Rishi Sunak and addressing parliament.


Foreign Secretary James Cleverly said that the new sanctions would “accelerate the economic pressure on (Russian President Vladimir) Putin.”

Among those sanctioned are CST, a manufacturer of Russian drones, as well as RT-Komplekt, which produces parts for helicopters deployed in the conflict.

Oboronlogistics, which the Foreign Office said organises transport and delivery for Russian military equipment, was also hit with sanctions alongside Universalmash and Lipetsk, both linked to anti-aircraft missile infrastructure manufacturing.


Software company Topaz was also sanctioned.

“Ukraine has shown Putin that it will not break under his tyrannical invasion.

“He has responded by indiscriminately striking civilian areas and critical national infrastructure across the country,” Cleverly said.

“We cannot let him succeed. We must increase our support.


“These new sanctions accelerate the economic pressure on Putin, undermining his war machine to help Ukraine prevail.

“I am determined, consistent with our laws, that Russia will have no access to the assets we have frozen until it ends, once and for all, its threats to Ukraine’s territorial sovereignty and integrity,” he added.

The group of individuals sanctioned, including presidential commissioner for entrepreneur’s rights Boris Titov and Aerostart owner Viktor Myachin, were connected to Putin through “opaque financial networks”, according to the Foreign Office.


IT services company Moscoms LLC was also targeted.

Nikolay Egorov, until recently the deputy chairman of the largest privately owned oil refinery in Russia, as well as pro-Kremlin news outlet Regum owner Sergey Rudnov, were also sanctioned.

Svetlana Krivonogikh, a shareholder in Bank Rossiya and the National Media Group, has also been targeted alongside chairman of the board of Russian pharmaceutical company R-Pharm, Alexey Repik.

Evgeny Shkolov, a former presidential aide and deputy chairman of the board of directors for JSC System Operator of the Unified Energy System, and Pavel Titov, President of Delovaya Rossiya, an association that represents entrepreneurial interests and set up by his father Boris Titov, will also be hit with sanctions.

Over 1,300 individuals and entities have been sanctioned by Britain since the invasion of Ukraine, through a combination of asset freezes, travel bans and transport sanctions.

(PA Media/dpa/NAN)


Contents provided and/or opinions expressed here do not reflect the opinions of The Pacesetter Frontier Magazine or any employee thereof.

Support The Pacesetter Frontier Magazine

It takes a lot to get credible, true and reliable stories.

As a privately owned media outfit, we believe in setting the pace and leaving strides in time.

If you like what we do, you can donate a token to us here. Your support will ensure that the right news is put out there at all times, reaching an unlimited number of persons at no cost to them.

Related posts

Leave a Reply

Required fields are marked *