EU imposes sanctions on Rosneft, Transneft and Gazprom Neft

The European Union banned debt financing for 3 Russian companies - Rosneft, Transneft and Gazprom Neft. This has been published in the EU Official Journal.The sanctions come into force from the moment of their publication.

The European Union has also banned the organization of debt financing for Russia’s three major defense manufacturers - UralVagonZavod (UVZ), Oboronprom and United Aircraft Corporation (UAC). The EU banned trading in bonds of these enterprises with maturity of more than 30 days and participation in the organization of such bonds’ issue. 

Supplies of European dual-purpose technologies are banned for nine more defense institutions - the Sirius Concern, Stankoinstrument, Khimkompozit, the Kalashnikov Concern, the Tula Arms Plant, Technologii Mashinostroyeniya, Vysokotochnye Kompleksy, the Almaz-Antei Concern, and Bazalt.