All news

EU banks continue freezing Russian fertilizer producers’ funds — source

On July 26, Russian fertilizer producer EuroChem publicly requested the European Commission to give clarification about non-applicability of sanctions in respect of companies interacting with Russian fertilizer producers

MOSCOW, July 28. /TASS/. Funds of certain Russian fertilizer producers with European banks remain frozen and their products in European terminals is under attachment, a source in a company in the industry told TASS.

"Funds of certain Russian fertilizer producers at accounts with European banks are still frozen and fertilizers were arrested in European terminals, the source said.

On July 26, Russian fertilizer producer EuroChem publicly requested the European Commission to give clarification about non-applicability of sanctions in respect of companies interacting with Russian fertilizer producers.