London, May 5, 2022 (AFP) – The UK government announced on Thursday that it is freezing the assets of steel group Evraz, whose main shareholder is Russian billionaire Roman Abramovich, and which is one of the targets of sanctions imposed on oligarchs close to the Kremlin. In response to the invasion of Ukraine.
The Evraz group “operates in sectors of strategic importance” and produces “28% of all Russian train wheels and 97% of the country’s tracks”, which is “of great importance because Russia uses railways to transport military equipment”. The front in Ukraine” said the British government justified its decision.
Downing Street said in a statement that, in addition to previous sanctions, “this action will further deter companies operating in strategic sectors in Russia” and detailed that “no British citizen or company can do business with Russia” from now on. The Evraz group, whose core is located in Russia.
Since Russia’s invasion of Ukraine on February 24, England has sanctioned more than 100 companies and more than 1,000 people, including Abramovich, owner of English football club Chelsea, which it was forced to put up for sale.
The Evraz group, contacted by AFP, did not immediately react. The company has always claimed that the Russian oligarch, a “major” shareholder with 28.64% of its capital, does not control the group.
source: Noticias
