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Czech Republic mulling potential freezing of more pieces of Russian state property

They may become subjects to national sanctions in addition to around 70 buildings, on which the country’s government took a similar decision on November 15, Czech Television reported

PRAGUE, November 29. /TASS/. The Financial Analytical Office of the Czech Republic is considering the potential freezing of more real estate assets owned by Russian state entities. They may become subjects to national sanctions in addition to around 70 buildings, on which the country’s government took a similar decision on November 15, Czech Television reported.

An inspection is being carried out in hotels held by Russian state entities, according to the report. For example, the issue is about hotels Ulrika and Moskevsky dvur in Karlovy Vary (in the western part of the country) that are controlled by Tatarstan’s Svyazinvestneftekhim and Russia’s state company Medical center, respectively, as reported.

The Czech authorities put Russia’s Enterprise for Property Management Abroad on the national sanctions list two weeks ago. It is no longer able to perform any actions on property management in the republic.

The Czech authorities suggest that EU sanctions be extended to individuals and legal entities on the national sanctions list.