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US imposes sanctions on 28 subsidiaries of United Shipbuilding Corporation

The US Department of the Treasury also imposed sanctions on eight board members of Russia’s United Shipbuilding Corporation

WASHINGTON, April 8. /TASS/. The US government imposed sanctions on eight board members and 28 subsidiaries of Russia’s United Shipbuilding Corporation.

The US Department of the Treasury described USC as "a major Russian SOE [state-owned enterprise] responsible for developing and building the Russian Navy’s warships."

The blacklisted USC officials are USC Board of Directors Chairman Georgy Poltavchenko, CEO Alexey Rakhmanov. Other blacklisted board members are Head of the Federal Agency for Maritime and River Transport Andrey Lavrishchev, Deputy Chairman of the Management Board of Gazprom Vitaly Markelov, Board Member of the Military-Industrial Commission of the Russian Federation Vladimir Pospelov, Deputy Minister of Industry and Trade of the Russian Federation Oleg Ryazantsev, Head of the Federal Agency for Fishery Ilya Shestakov and Vice-President of JSC Rosneft Oil Company Andrey Shishkin.

JSC subsidiaries

Among the blacklisted legal entities are Almaz Central Marine Design Bureau, Baltic Shipyard, Kronstadt Marine Plant, Nevskoye Design and Construction Office, 10th Shipyard, Admiralty Shipyards, Yantar Baltic Shipbuilding Plant, Rubin Central Design Bureau for Marine Engineering, Vympel Design Office for Shipbuilding.

The document also mentions Khabarovsk Shipbuilding Yard, Arktika Northern Production Association, Northern Machine-Building Enterprise, USC-Iceberg Central Design Bureau, Northern Design Bureau, Vyborg Shipyard, Severnaya Verf Shipyard, Proletarsky Factory, Krasnoye Sormovo Shipyard, Amur Shipbuilding Plant, 33 Dockyard.

Other sanctioned companies are Malakhit Design Burau, Foreign Economic Enterprise Sudoexport, Sredne-Nevsky Shipyard, Zvezdochka Ship Repair Center, Lotos Shipbuilding Plant, Onega Research Design and Technological Burau, Svetlovsky Enterprise Era and Caspian Energy Management.

The corporation itself has already been sanctions by Washington, but under different presidential decrees. On Thursday, the company was added to blacklists again.

Companies blacklisted by the US face a freeze of their assets in the country. US citizens and companies are prohibited from engaging in any business activities with those entities.

On February 24, Russian President Vladimir Putin said in an early morning televised address that he had launched a special military operation in Ukraine in response to a request for help from the leaders of the Donbass republics. He stressed that Moscow had no intention of occupying Ukrainian territories, the sole purpose of the operation, the leader stressed, is the demilitarization and denazification of Ukraine.

The United States, the United Kingdom, the European Union and some other countries responded by imposing sanctions on Russian individuals and companies.