MOSCOW, November 23. /TASS/. Vnesheconombank (VEB) approached the European Court with a complaint against decision of the General Court of the European Union to maintain sanctions against the Russian state-run company, VEB press service reports on Friday.

"On Friday, November 23, Vnesheconombank filed a complaint to the European Court against the decision of the General Court of the European Union dated September 13, 2018, which keeps "sectoral sanctions" introduced against Vnesheconombank," the press service says.

VEB requested in its cassation complaint to reverse the decision of the General Court of September 13, 2018 and exclude mentioning of Vnesheconombank from texts of decisions of the EU Council of July 31, 2014 and related acts, Senior Vice President of VEB Igor Krasnov noted.

In July 2014, the European Union imposed sectoral sanctions on Russia in connection with reunification with Crimea and developments in Eastern Ukraine. Sanctions covered companies of defense, energy and financial sectors, particularly banks with the government participation and oil and gas majors. European residents are banned from providing midterm and long-term funding to such banks.

Vnesheconombank filed an action to the European Court of Justice in 2014 for cancellation of the decision of the EU Council on application of sanctions to the bank. Sberbank and VTB also filed a similar claim, along with other Russian companies hit by sanctions.