In 2023, various shares of the authorized capital and property of Russians in important strategic sectors of the Ukrainian economy were nationalized. In particular, "Glukhiv Quarry of Quartzites" LLC, "Mykolaiv Alumina Plant" LLC, "Ocean Plaza" shopping center, 88.89% of JSC "First Investment Bank" shares.
Ukraine seized assets of the Russian Federation worth UAH 11.5 billion
Russian assets worth tens of billions of hryvnias were transferred to the Agency for Search and Asset Management based on the materials of criminal proceedings of the State Bureau of Investigation (SBI) and close cooperation with the Prosecutor General's Office.
This was reported by the State Bureau of Investigation (SBI) on Facebook.
The amount of assets, the value of which is currently determined, is UAH 11.5 billion. At the same time, only a small part of the confiscated property has been counted and the total amount may reach hundreds of billions.
According to SBI materials, in 2023, the High Anti-Corruption Court of Ukraine (HACC) satisfied the claims of the Ministry of Justice of Ukraine regarding the application of sanctions against citizens of the Russian Federation — oligarchs close to Putin. In particular, Arkady and Igor Rotenberg, Oleg Deripaska, Yevheny Giner, Aleksandr Ponomarenko, Aleksandr Skorobogatko.
The following assets were transferred to the ownership of our state:
LLC "Glukhiv Quarry of Quartzites" and LLC "Mykolaiv Alumina Plant"
Shopping centre "Ocean Plaza", with an estimated cost of more than $350 million
88.89% of the shares of First Investment Bank JSC.
The court has seized the issue of the nationalisation of the following assets and is being considered by the HACC:
PJSC "Rivneoblenergo" (93.2%).
JSC "Khersonoblenergo" (99.9%),
JSC "Chernivtsioblenergo" (96.8%),
JSC "Zhytomyroblenergo" (95.5%),
PJSC "Kirovogradoblenergo" (72.9%),
seven hotels and two shopping malls, with a total cost of UAH 2 billion (belonged to Giner).
Various shares of Russian authorised capital and property in other important strategic sectors of the Ukrainian economy were also nationalised. In particular, it is 100% of Avangard-Vilarti LLC, which, in addition to Ocean Plaza Project (Cyprus) LTD, also owns Ethoder Investments Limited and 66.65% of Lybid Investment Union.
Structures under the control of Oleg Deripaska also participated in the expansion and reconstruction of the Dnipro-Bug seaport.
Land plots and real estate in different regions of Ukraine and hundreds of special and cargo equipment units were returned to the state income. Hundreds of production premises, equipment, and warehouses, which the Russians used in Ukraine for enrichment, were nationalised.
Among other:
13 sea vessels
1547 railway cars
299 vehicles
12.3 thousand tons of iron ore products
87.14 thousand tons of fertilisers
1.5 thousand tons of liquefied gas
1.1 thousand tons of chemical products.
1.4 thousand tons of construction materials
65 tons of alcohol products
600 tons of food products
Work on the identification and nationalisation of property belonging to subjects of the Russian Federation is ongoing.
The President approved two NSDC sanctions packages
The corresponding decrees were published on the head of state's website on December 23.
The first decree applies sanctions against 119 companies. In particular, these are Russian enterprises on the territory of the Russian Federation, as well as "Avtodel GAZ" in Crimea. In addition, 43 individuals, including Russians and citizens of Ukraine and Latvia, were sanctioned.
The second decree imposed sanctions on eight individuals, including citizens of Cyprus, Ukraine, and Russia. Also, 15 companies were restricted, some located in the temporarily occupied Crimea.
It is about the blocking of assets on the territory of Ukraine, the termination of trade operations, the transit of resources through the country, and the cancellation of licenses.
The complete list of persons and companies against whom sanctions have been imposed can be found upon request.
Sanctions freeze the assets of individuals and legal entities on Ukraine's territory and prohibit trading with them. The restrictions will be valid for five to ten years.
