The President of Ukraine, Volodymyr Zelensky, has signed new sanctions decisions concerning former oligarch Dmytro Firtash, his closest associates, and the companies under his control.
This is reported by Finway
Sanctions Coordinated with the United Kingdom
Ukraine is coordinating its sanctions policy with the United Kingdom, which allows for enhanced measures against assets linked to Russia. As the president noted, the restrictions apply not only to Firtash but also to his associates and the companies controlled by him. Additionally, sanctions have been extended against one of Viktor Medvedchuk’s closest allies, Taras Kozak, as well as eight companies associated with him.
“We continue sanctions against former oligarch Dmytro Firtash and, within the framework of synchronization, apply sanctions against his close associates and the companies under his control. All entities connected to Russia and its structures deserve to be blocked,” the statement reads.
Which Assets Are Under Restrictions
The DF Group, owned by Dmytro Firtash, controls a number of enterprises engaged in the extraction and enrichment of titanium-containing ores. Among them are the “Motronivsky Mining and Processing Plant” in Dnipropetrovsk region, the “Mezhyrychensky Mining and Processing Plant,” and “Valky-Ilmenite” in Irshansk, Zhytomyr region.
Prime Minister Yulia Svyrydenko clarified that the new sanctions create legal grounds for the annulment of three special permits for subsoil use in Zhytomyr and Dnipropetrovsk regions. In particular, in the case of the Malyshevskoye deposit, which is under the jurisdiction of LLC “Motronivsky Mining and Processing Plant,” the sanctions also extend to LLC “Tiberius Plus.” This company attempted to exempt its special permit from the restrictions.
The authorities plan to transfer strategic assets to new investors through transparent auctions, which is expected to ensure openness and efficiency in the management of subsoil resources.