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13:58 05 Dec 2023

Ukrainian government to confiscate 50 large enterprises from Russian owners

During the meeting on December 5, the Ukrainian government plans to adopt a decision on the forced confiscation of property rights related to Russia and its residents in Ukraine.

Rubryka reports, citing Member of Parliament Yaroslav Zhelezniak on Telegram.

"About 50 facilities are in question," said MP Zhelezniak, also publishing a list.

The MP noted that one can see from the accompanying documents that some entities were removed from the list, like "Kriukiv Railcar Building Plant" and "BROCARD-Ukraine."

However, new additions include:

  • "Industrial Union of Donbas,"
  • "Alchevsk Metallurgical Plant,"
  • "Dnipro Metallurgical Plant."

According to the document, they plan to confiscate shares of Russians in the following enterprises:

  • "Southern Higiprogaz Institute" (Donetsk)
  • "Kramatorsk Cement Plant – Pushka" (Kramatorsk)
  • Interstate Association of Business and Scientific-Technical Cooperation of Gas Industries (Kyiv)
  • "Ukrainian Power Machines" (Kharkiv)
  • "Luhanskteplovoz"
  • "Galychpharm" (Sievierodonetsk)
  • "Zhytomyr-Lada" (Zhytomyr)
  • "Zelenyi Mys" (Simferopol)
  • "Poltava-Lada" (Poltava)
  • Scientific-Production Association for Civil Aircraft AN-72, AN-74, and their modifications "URAN" (Kharkiv)
  • "Vneshcom" (Kyiv)
  • International Association "Welding" (Kyiv)
  • Sanatorium-Preventorium "POLIT" (Sudak)
  • "Zoria" Pension (Sudak)
  • Ukrainian-Russian Humanitarian-Economic College (Yalta)
  • "471 Trade Department of the Red Banner Black Sea Fleet Trade Management" (Sevastopol)
  • "Dontulazbroya" (Donetsk)
  • "Planeta-Bud" (Kyiv)
  • Sevastopol Complex Design Department of the 23rd State Maritime Design Institute
  • 1472 Military-Marine Clinical Hospital of the Ministry of Defense of the Russian Federation (Sevastopol)
  • "Construction Management of the Black Sea Fleet of the Ministry of Defense of the Russian Federation" (Sevastopol)
  • Association "High-Pressure Pipeline Transport" (Kyiv)
  • "Joint Ukrainian-Russian Enterprise "Bugaz" (Sudak)
  • "771 Repair Plant of Communication Means of the Black Sea Fleet" (Sevastopol)
  • "International Consortium for the Management and Development of the Gas Transmission System of Ukraine" (Kyiv)
  • "Poltava-Capital" (Poltava)
  • "Kharkiv-Capital" (Kharkiv)
  • "Prague-Kyiv Cooling Towers" (Kyiv)
  • "Moscow Cultural and Business Center "House of Moscow" in Donetsk"
  • "Gazprom Sales Ukraine" (Kyiv)
  • "Gupmi" (Crimea)
  • "Gazpromneft Lubricants Ukraine" (Kyiv)
  • "Tatneft-AZS-Ukraine" (Poltava)
  • "Gazprom Export" (Kyiv)
  • "Maritime Register of Shipping in Ukraine" (Odesa)
  • "Zhefko Ukraine" (Kyiv)
  • "Industrial Union of Donbas" (Kramatorsk)
  • "Alchevsk CokePlant"
  • "Lysychansk Oil Investment Company"
  • "Segezha Oriana Ukraine" (Kalush)
  • "Segezha Packaging Ukraine" (Kalush)
  • "Rosatom Eastern Europe" (Kyiv)

Sanctions against Russia

Ukraine has implemented various levels of sanctions against Russia and Kremlin-related oligarchs. Since the beginning of the invasion in 2022, the National Bank of Ukraine prohibited the circulation of the ruble and closed Russian state banks. Ukrainian courts consistently seize Russian assets.

By his decrees, President Volodymyr Zelensky put into effect the decision of the National Security and Defense Council of Ukraine from November 18, 2023, "On the application of sanctions."

In March 2023, Zelensky put into effect the decision of the National Security and Defense Council of Ukraine to impose sanctions against 120 individuals and 287 legal entities, including Ukrainian ones.

Moreover, the Ukrainian parliament, Verkhovna Rada, supported Presidential Decree No. 10271, proposing sectoral sanctions against Russia and Belarus in the defense industry for 50 years.

Category:
Economics

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