UPDATE: Kiev blacklists Russia’s Bashneft, Kamaz, UTair, Unistream - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

UPDATE: Kiev blacklists Russia’s Bashneft, Kamaz, UTair, Unistream

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KIEV, Oct 18 (PRIME) -- Russia’s defense goods maker Rosoboronexport, truck maker Kamaz, airline UTair, money transferring firm Unistream, oil company Bashneft and Sberbank Leasing were added to the Ukrainian black list of companies, as follows from a statement published on the presidential Web site on Tuesday.

On Monday, Ukrainian President Pyotr Poroshenko enacted a decision by the security council to prolong the term and extend the list of Russian officials and legal entities subject to the sanctions. The new list contains 638 people and 151 companies.

The sanctions against Sberbank Leasing envisage limits on its trade operations on the territory of Ukraine, suspension of transit of resources and traffic, and suspension of fulfillment of the economic and financial liabilities.

Kamaz’ trade operations were suspended, while UTair was prohibited from carrying flights across the territory of Ukraine. Unistream’s operations in the country were forbidden.

The sanctions against Rosoboronexport envisage an asset block, suspension of economic and financial liabilities, prohibition on legal contacts and suspension of financial operations.

Mikhail Leontyev, spokesman for oil major Rosneft, the new owner of 50.08% in Bashneft, said that inclusion of Bashneft on the list will not create any difficulties for the company.

“This is to a certain extent natural because Bashneft is a part of us (Rosneft) and we are on the sanctions list of Ukraine. We did not do any harm to Ukraine but since the Americans and the Europeans included us on their lists, they (the Ukrainians) copied all these lists. We should have expected that, we can say, this is a businesslike approach,” he said.

Some affiliates and employees of Russian aluminum producer UC RUSAL were put on the list, which the company deems an unjustified step, it said in a statement later on Tuesday.

The company and its affiliates “do not influence the political processes taking place on the territory of Ukraine, do not pose a threat the national safety and do not hinder the economic development of the country,” RUSAL said.

According to the statement, the Ukrainian authorities’ action damages the shareholders of the company and RUSAL will try to force Kiev to compensate for it in courts. The company is also trying to minimize losses.

Spokesman for Kamaz Oleg Afanasyev said that the company suspended its supplies to Ukraine back in 2014.

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18.10.2016 17:16