EU sanctions threaten Rosneft, Kalashnikov – media

Some oil and defense companies in Russia can get under the new European Union sanctions.
Wall Street Journal writes citing sources, Novaya Gazeta reports.
The U.S. publication reports that a list of sanctions can touch on Rosneft, Gazpromneft, Transneft, Oboronprom, JSC United Aircraft Corporation and UralVagonZavod.
Sanctions suggest that these companies will not be able to borrow from Western banks for more than 30 days.
In addition, Western countries may prohibit exports of products of Russian companies, including Sirius, Stankoinstrument and Kalashnikov.
The final “black list” of companies will be approved September 8, while new sanctions against Russia may come into force on September 9.

Avatar photo

News and Summaries

Submit a Comment

Your email address will not be published.

Share This

Share this post with your friends!