UK freezes assets of Russian steel group

The Evras produces “operates in strategically important sectors” and “produces 28% of all Russian rail networks and 97% of the country’s roads”, “which is especially important because Russia uses railroads to transport military supplies and troops to the conflict in Ukraine.” The British executive said in a statement.

“Evraz’s main business is in Russia, where it is a major employer,” he said.

Evras, who was contacted by the AFP news agency, did not immediately respond this afternoon.

Roman Abramovich was on the UK sanctions list in early March, leading to the resignation of almost all of Evros’ board of directors.

But since then, the company has argued on several occasions that the Russian president, a “significant” shareholder with 28.64% of the capital, can no longer control the group.

Evraz also denied that he was involved in “activities that contribute to the destabilization of Ukraine,” which undermines or undermines the territorial integrity, sovereignty or independence of the Eastern European country.

The steelmaker rejected references in British government documents to sanctions against Abramovich, indicating that the company “eventually supplied the Russian military with steel that could be used to manufacture tanks”.

The UK today said it has allowed more than 1,000 people and more than 100 companies since the Russian invasion of Ukraine.

Russia launched a military offensive in Ukraine on February 24 that killed more than 3,000 civilians, warning that the actual number could be much higher, according to the UN.

More than 13 million people were killed in the military offensive, more than 5.5 million of whom fled the country, according to the latest UN data.

The Russian invasion was generally condemned by the international community, which responded by sending arms to Ukraine and strengthening economic and political sanctions on Moscow.

Also read: Ukraine ready to suspend Russian gas traffic if Europe imposes sanctions

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