Taking Additional Sweeping Measures Against Russia

US Department of State

Fact Sheet


Office of the Spokesperson


December 12, 202

Today, in coordination with the Department of the Treasury, the Department of State is imposing sanctions to further target individuals and entities associated with Russia’s war effort and other harmful activities. All targets are being designated pursuant to Executive Order (E.O.) 14024, which authorizes sanctions with respect to specified harmful foreign activities of the Government of the Russian Federation. The Department is designating over 100 individuals and entities targeting Russia’s future energy export and production capabilities, Russia’s metals and mining sector, and third country networks facilitating sanctions evasion and circumvention. We are also designating several shipping companies that have been involved in the transfer of munitions between the Democratic People’s Republic of Korea (DPRK) and Russia.

CONSTRAINING RUSSIA’S FUTURE ENERGY PRODUCTION AND EXPORT CAPACITY

The Department of State continues to designate entities involved in the development of Russia’s future energy production and export capacity. Today, the Department of State is designating three entities involved in the development of Russia’s Ust-Luga Liquified Natural Gas (LNG) terminal, a facility under construction in Russia’s Port of Ust-Luga, which will be operated by Gazprom and RusGazDobycha. The equipment and architectural expertise provided by these entities is meant to significantly expand Russia’s future LNG production and export capacity.

The Department is designating the following two entities pursuant to section 1(a)(i) for operating or having operated in the manufacturing sector of the Russian Federation economy:

  • LIMITED LIABILITY COMPANY NORTHERN TECHNOLOGIES is a Russia-based company responsible for manufacturing heat exchange equipment necessary for gas processing and liquefaction at Russia’s future LNG terminal at Ust-Luga.
  • JOINT STOCK COMPANY KAZAN COMPRESSOR MACHINERY PLANT is a Russia-based company that manufactures compressor equipment necessary for production and export from Russia’s future LNG terminal at Ust-Luga.

Pursuant to section 1(a)(i), the following entity is being designated for operating or having operated in the architecture sector of the Russian Federation economy:

  • LIMITED LIABILITY COMPANY GAZPROM LINDE ENGINEERING is a Russia-based company providing architecture and design services for Russia’s future LNG terminal facilities at Ust-Luga.

TARGETING RUSSIA’S METALS AND MINING SECTOR

In alignment with our commitments outlined in the May 19, 2023, G7 Leaders’ Statement on Ukraine, the Department of State is continuing to constrict Russia’s revenue from its metals and mining sector by designating individuals and entities associated with VLADISLAV VLADIMIROVICH SVIBLOV and HIGHLAND GOLD MINING LIMITED. HIGHLAND GOLD MINING LIMITED is the seventh-largest gold producer in Russia and is majority owned and controlled by VLADISLAV VLADIMIROVICH SVIBLOV. The Department is joining the United Kingdom in designating both VLADISLAV VLADIMIROVICH SVIBLOV and HIGHLAND GOLD MINING LIMITED, who were sanctioned by the United Kingdom on November 8, 2023.

The Department is designating the following entity and individual pursuant to section 1(a)(i) for operating or having operated in the metals and mining sector of the Russian Federation economy:

  • HIGHLAND GOLD MINING LIMITED (HGM LTD) is a UK-registered gold mining company that conducts operations in Russia.
  • VLADISLAV VLADIMIROVICH SVIBLOV (SVIBLOV) is a Russian oligarch that has earned his wealth mainly through investments in metals and mining companies that conduct operations in Russia. SVIBLOV holds majority ownership of multiple top gold producing companies operating in Russia to include HGM LTD, TRANS SIBERIAN GOLD LIMITED, JSC KAMCHATSKOE ZOLOTO, and JSC CHUKOTKA MINING GEOLOGICAL COMPANY.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, SVIBLOV, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • HOLDING LIMITED is a Cyprus-based holding company that is controlled by SVIBLOV.
  • FORTIANA HOLDINGS LIMITED is a Cyprus-based holding company that is beneficially owned by SVIBLOV and holds majority ownership of HGM LTD.

Pursuant to section 1(a)(i), the following entities are being designated for operating or having operated in the metals and mining sector of the Russian Federation economy:

  • TRANS SIBERIAN GOLD LIMITED is a UK-registered gold mining company that conducts operations in Russia and is ultimately owned and controlled by SVIBLOV.
  • JOINT STOCK COMPANY KAMCHATSKOE ZOLOTO (JSC KAMCHATSKOE ZOLOTO) is a Russia-based gold mining company that conducts operations in Russia. JSC KAMCHATSKOE ZOLOTO is ranked in the top 15 gold miners in Russia and is ultimately owned and controlled by SVIBLOV.
  • JOINT STOCK COMPANY CHUKOTKA MINING GEOLOGICAL COMPANY is a Russia-based gold mining company.

Pursuant to section 1(a)(i), the following entities are being designated for operating or having operated in the financial services sector of the Russian Federation economy:

  • INTERNATIONAL COMPANY LIMITED LIABILITY COMPANY KHORVIK is a Russia-based holding company that is used by SVIBLOV.
  • LIMITED LIABILITY COMPANY BERING METALS is a major Russia-based holding company that is ultimately owned and controlled by SVIBLOV.
  • JOINT STOCK COMPANY OZGRK is a Russia-based holding company that is managed by SVIBLOV.
  • LIMITED LIABILITY COMPANY VOSTOK ZOLOTO is a Russia-based holding company that is ultimately owned and controlled by SVIBLOV.
  • INTERNATIONAL COMPANY LIMITED LIABILITY COMPANY ASTECLING is a Russia-based company that is ultimately owned and controlled by SVIBLOV.

Pursuant to section 1(a)(i), the following entities are being designated for operating or having operated in the management consulting sector of the Russian Federation economy:

INTERNATIONAL COMPANY JOINT STOCK COMPANY HIGHLAND GOLD is a Russia-based holding company used by SVIBLOV.

  • JOINT STOCK COMPANY FORTIANA is a Russia-based holding company managed by SVIBLOV.
  • LIMITED LIABILITY COMPANY DV HOLDING is a Russia-based holding company managed and 99 percent owned by SVIBLOV.
  • JOINT STOCK COMPANY AVRORA is a Russia-based holding company managed by SVIBLOV.
  • LIMITED LIABILITY COMPANY FORTIANA INVEST is a Russia-based holding company managed and solely owned by SVIBLOV.
  • LIMITED LIABILITY COMPANY ASTECLING is a Russia-based holding company managed and solely owned by SVIBLOV.

DISRUPTING RUSSIA-DPRK MUNITIONS TRANSFERS

The Department is designating several shipping companies and associated vessels that have been involved in the transfer of munitions between the DPRK and the Russian Federation. The IBEX SHIPPING INC-owned vessel, MARIA, has been identified via imagery and multiple press reports as being part of a group of commercial vessels that have completed multiple deliveries of military equipment and munitions provided by the DPRK to Russia. Other vessels linked to this Russian-DPRK proliferation network, including the LADY R and the ANGARA, were previously designated by the Department pursuant to E.O. 14024 on May 8, 2022. Additionally, the IBEX SHIPPING INC-owned vessel CAPTAIN YAKUBOVICH has also previously been involved in the delivery of Russian-made armored vehicles to Burma. These designations follow the Department’s designations of several other individuals involved in munitions transfers from the DPRK to the Russian Federation in July and September 2023.

The Department is designating the following entities pursuant to section 1(a)(i) for operating or having operated in the marine sector of the Russian Federation economy:

  • IBEX SHIPPING INC is the registered owner of three Russian-flagged vessels. The following vessels are being identified as blocked property in which IBEX SHIPPING INC has an interest: MARIA

    CAPTAIN YAKUBOVICH

    ARKADIY CHERNYSHEV

  • AZIA SHIPPING HOLDINGS LIMITED is the manager of eight Russian-flagged vessels, including the CAPTAIN YAKUBOVICH and the ARKADIY CHERNYSHEV.
  • AZIA SHIPPING COMPANY is based in Vladivostok, Russia, and describes itself as an exclusive goods carrier of the Russian Ministry of Defense.

CONSTRAINING RUSSIA’S DEFENSE INDUSTRY

Additional Entities Supporting the Russian Defense Industry

The Department is designating the following entities pursuant to section 1(a)(i) for operating or having operated in the defense and related materiel sector of the Russian Federation economy:

  • JOINT STOCK COMPANY TULATOCHMASH is a Russian company that works within the weapons and ammunition manufacturing industry.
  • FEDERAL STATE ENTERPRISE PERM POWDER PLANT is a weapons manufacturer that produces ammunition and charges and igniters for rocket engines for various functional purposes.

Degrading Weapons and Ammunition Manufacturing

The Department is designating numerous defense entities and facilities that manufacture weapons, ammunition, and related equipment for the Russian defense sector to support its illegal war against Ukraine.

The Department is designating the following entities pursuant to section 1(a)(i) for operating or having operated in the defense and related materiel sector of the Russian Federation economy:

  • JOINT STOCK COMPANY CHEBOKSARY PRODUCTION ASSOCIATION NAMED AFTER V.I. CHAPAEV manufactures weapons, ammunition, explosives, and other materials for use by the Russian military and defense sector.
  • JOINT STOCK COMPANY NOVOSIBIRSK CARTRIDGE PLANT specializes in the manufacture of small arms ammunition for use by the Russian military and defense sector.
  • JOINT STOCK COMPANY BARNAUL CARTRIDGE PLANT manufactures small arms ammunition and has supplied cartridges and its other products to the Russian military.
  • JOINT STOCK COMPANY TETIS PRO specializes in the design, manufacture, and supply of diving and submersible equipment, including the Marlin-350 Uncrewed Underwater Vehicle (UUV) used by the Russian Navy and the MAIN DIRECTORATE OF DEEP-SEA RESEARCH (GUGI). GUGI was designated by the Department of State pursuant to section 1(a)(i) of E.O. 14024 on February 24, 2023.
  • OPEN JOINT STOCK COMPANY TAMBOVSKY BAKERY assembles unmanned aerial vehicles (UAVs) called “Bekas” for use by the Russian military against Ukraine.
  • YAKT-SOKOL manufactures all-terrain vehicles (ATVs) for use by the Russian military against Ukraine.
  • JOINT STOCK COMPANY NIZHNY NOVGOROD PLANT OF THE 70TH ANNIVERSARY OF VICTORY (NIZHNY NOVGOROD 70TH ANNIVERSARY VICTORY PLANT) is a subsidiary of Russian government-owned JOINT STOCK COMPANY AEROSPACE DEFENSE CONCERN ALMAZ-ANTEY and manufactures components for the S-400 and S-500 surface-to-air missile systems. JOINT STOCK COMPANY AEROSPACE DEFENSE CONCERN ALMAZ-ANTEY was designated by the Department of the Treasury pursuant to E.O. 14024 on January 26, 2023, and pursuant to E.O. 13661 on July 16, 2014.
  • VASILY NIKOLAEVICH SHUPRANOV is the CEO of NIZHNY NOVGOROD 70TH ANNIVERSARY VICTORY PLANT.
  • JSC RESEARCH AND PRODUCTION CORPORATION URALVAGONZAVOD NAMED AFTER F.E. DZERZHINSKY (URALVAGONZAVOD) is a Russian government-owned company and the largest producer of tanks in the Russian Federation. URALVAGONZAVOD was previously designated by the Department of the Treasury pursuant to E.O. 13661 on July 16, 2014.

Pursuant to section 1(a)(iii)(C), the following individual is being designated for being or having been a leader, official, senior executive officer, or member of the board of directors of URALVAGONZAVOD:

  • ALEKSANDR VALERYEVICH POTAPOV is the CEO of URALVAGONZAVOD.

Pursuant to section 1(a)(i), the following entity is being designated for operating or having operated in the defense and related materiel sector of the Russian Federation economy:

  • OPEN JOINT STOCK COMPANY V.A. DEGTYAREV PLANT (V.A. DEGTYAREV PLANT) manufactures small arms and related equipment, including anti-tank and anti-aircraft weapons, for use by the Russian military against Ukraine. Pursuant to section 1(a)(iii)(C), the following individual is being designated for being or having been a leader, official, senior executive officer, or member of the board of directors of V.A. DEGTYAREV PLANT:
  • ANDREY PETROVICH KAZAZAEV is the CEO of V.A. DEGTYAREV PLANT.

Defense Industrial Base and Technology Procurement

The Department is designating multiple defense entities and procurement companies working to acquire and produce electronics and technologies in support of Russia’s war effort.

The Department is designating the following entities pursuant to section 1(a)(i) for operating or having operated in the electronics sector of the Russian Federation economy:

  • LIMITED LIABILITY COMPANY RADIOCOMP is one of the leading Russian suppliers of radio-frequency components from manufacturers worldwide to the Russian domestic market.
  • JSC OPTRON STAVROPOL produces power optoelectronics and is the one of the only manufacturers of high-quality rotary silicon rectifier diodes in Russia, which have wide-ranging applications found in military and industrial hardware.

Pursuant to section 1(a)(i), the following entity is being designated for operating or having operated in the technology sector of the Russian Federation economy:

  • RESEARCH AND TECHNOLOGICAL INSTITUTE OF OPTICAL MATERIALS ALL RUSSIA SCIENTIFIC CENTER S.I. VAVILOV STATE OPTICAL INSTITUTE designs optoelectronic systems with wide-ranging applications, including the development of optical fibers benefiting Russia’s industrial and military sectors.

Pursuant to section 1(a)(i), the following entities are being designated for operating or having operated in the defense and related materiel sector of the Russian Federation economy:

  • JOINT STOCK COMPANY FOREIGN TRADE ASSOCIATION ELEKTRONINTORG produces the Shtora-1 defensive system mounted on the Russian T-90 series main battle tanks.
  • JOINT STOCK COMPANY AND PRODUCTION ASSOCIATION ELEKTROMASHINA (ELEKTROMASHINA) designs and manufacturers electrical components for armored vehicles used by the Russian military.
  • IGOR YURIEVICH AFANASIEV is the CEO of ELEKTROMASHINA.

CUTTING OFF SANCTIONS EVASION AND BACKFILLING EFFORTS

The Department of State continues to disrupt the networks and channels through which Russia attempts to procure technology and equipment from third countries. Specifically, these designations target producers, exporters, and importers of items critical to Russia’s defense-industrial base, including common high-priority items identified by the Department of Commerce’s Bureau of Industry and Security, alongside the EU, UK, and Japan. Entities based in the People’s Republic of China (PRC), Turkiye, and the UAE have continued to send these items and other important dual-use goods to Russia, including critical components that Russia relies on for its weapons systems.

Russia and UAE-based Entities Procuring High-Priority Items

The Department is designating the following entities pursuant to section 1(a)(i) for operating or having operated in the electronics sector of the Russian Federation economy:

  • LASERCHIPS FZCO (LASERCHIPS) is a UAE-based company that has supplied Russian companies with common high-priority items critical for Russia’s war in Ukraine, including to Russian company LIMITED LIABILITY COMPANY CHIPDEVICE, a person whose property and interests in property are blocked pursuant to E.O. 14024. Products supplied by LASERCHIPS include common high-priority items such as electronic integrated circuits (HS code 854239).
  • LIMITED LIABILITY COMPANY CHIPDEVICE (CHIPDEVICE) is a Russia-based company that is a receiver of common high-priority electronic components of U.S. and European origin, supplied by UAE-based company, LASERCHIPS, a person whose property and interests in property are proposed for concurrent designation pursuant to E.O. 14024.
  • RESOLUTE MACHINERY TRADING LLC is a UAE-based company that has supplied STAUT COMPANY LIMITED, a person whose property and interests in property are blocked pursuant to E.O. 14024, with common high-priority electronic components.
  • GLOBAL CENTRAL LOGISTICS FZCO is a UAE-based company that has supplied Russian companies with electronic components.
  • L D S COMPUTER SYSTEMS TRADING is a UAE-based company that has supplied electronic components to OOO VNESHEKOSTIL, a person whose property and interests in property are blocked pursuant to E.O. 14024.

Targeting a Network for State Corporation Rostec’s Defense Procurement

The Department is taking action to degrade a network of entities and individuals involved in procuring microelectronic components for the previously designated STATE CORPORATION ROSTEC (ROSTEC), which was designated pursuant to E.O. 14024 for operating or having operated in the defense and related materiel sector of the Russian Federation economy. These microelectronics are being used for the development of electronic warfare systems. ROSTEC is a large Russian state-owned enterprise formed to consolidate Russia’s technological, aerospace, and military-industrial expertise. ROSTEC is also sanctioned by Australia, Canada, the EU, New Zealand, Switzerland, and the UK.

The Department is designating the following entities pursuant to section 1(a)(i) for operating or having operated in the electronics sector of the Russian Federation economy:

  • JOINT STOCK COMPANY CONCERN RADIO ELECTRONIC TECHNOLOGIES (KRET) is a Russia-based holding company for ROSTEC, which is currently designated under E.O. 14024 for operating or having operated in the defense and related materiel sector of the Russian Federation economy. KRET controls over 80 subsidiaries and plants producing specialized systems for the Russian Armed Forces, including advanced electronic warfare and intelligence systems.
  • LIMITED LIABILITY COMPANY RADIOPRIBORSNAB (LLC RADIOPRIBORSNAB) is a Russia-based company involved in the wholesale of computers, computer peripheral equipment, and software. PROMTECHNOCERT, a person whose property and interests in property are blocked pursuant to E.O. 14024, owns 99.8 percent of LLC RADIOPRIBORSNAB.
  • LIMITED LIABILITY COMPANY VMK (VMK) is a Russia-based company involved in the wholesale trade in industrial electrical equipment, machinery, and materials.
  • TURKIK UNION DIGITAL TECHNOLOGY TRANSFORMATION OFFICE INCORPORATED COMPANY (TURKIK UNION) is a Turkiye-based company that has supplied Russia-based companies with shipments of common high-priority electronic components, including Russia-based company, VMK.

Pursuant to section 1(a)(iii)(C), the following individual is being designated for being or having been a leader, official, senior executive officer, or member of the board of directors of TURKIK UNION:

  • MUSTAFA CANKAT AYTEK (AYTEK) is the sole President of the Executive Board of TURKIK UNION, which has supplied Russia-based companies with shipments of common high-priority electronic components.

Pursuant to section 1(a)(i), the following entities are being designated for operating or having operated in the electronics sector of the Russian Federation economy:

  • TORDAN INDUSTRY LIMITED (TORDAN INDUSTRY) is a Hong Kong-based company that sent multiple shipments of common high-priority items, critical to Russia’s war in Ukraine, to the Russia-based company, VMK. TORDAN INDUSTRY has shipped at least $122 million in microelectronics to Russia.
  • ALPHA TRADING INVESTMENTS LIMITED is a Hong Kong-based company that sent shipments of common high-priority items to Russia-based company, VMK.
  • WARGOS INDUSTRY LIMITED is a Hong Kong-based company that sent several shipments of common high-priority items to Russia-based company, VMK.
  • UNITED ELECTRONICS GROUP COMPANY LIMITED (UNITED ELECTRONICS) is a Hong Kong-based company that sent shipments of common high-priority items to Russia-based and U.S.-designated company, TESTKOMPLEKT, a person whose property and interests in property are blocked pursuant to E.O. 14024. UNITED ELECTRONICS was TESTKOMPLEKT’s largest supplier in 2022, shipping over $15.5 million in microelectronics.
  • C&I SEMICONDUCTORS CO LIMITED (C&I SEMICONDUCTORS) is a Hong Kong-based company that sent shipments of common high-priority items to TESTKOMPLEKT. C&I SEMICONDUCTORS was one of TESTKOMPLEKT’s top ten suppliers in 2022, shipping over $4.5 million worth of items.
  • CADY TECH HK LIMITED (CADY TECH) is a Hong Kong-based company that sent shipments of common high-priority items to TESTKOMPLEKT. CADY TECH was one of TESTKOMPLEKT’s top ten suppliers in 2022, shipping over $1 million worth of items.
  • UU INNOVATION TECHNOLOGY CO LTD (UU INNOVATION TECHNOLOGY) is a PRC-based company that sent shipments of common high-priority items to TESTKOMPLEKT. UU INNOVATION TECHNOLOGY was one of TESTKOMPLEKT’s top ten suppliers in 2022, shipping over $3 million worth of items.
  • SHENG CORE TECHNOLOGY CO LIMITED (SHENG CORE TECHNOLOGY) is a Hong Kong-based company that sent shipments of common high-priority items to TESTKOMPLEKT. SHENG CORE TECHNOLOGY was one of TESTKOMPLEKT’s top ten suppliers in 2022 shipping over $1 million worth of items.
  • ROBOTRONIX SEMICONDUCTORS LIMITED (ROBOTRONIX SEMICONDUCTORS) is a Hong Kong-based company that sent common high-priority items to TESTKOMPLEKT. ROBOTRONIX SEMICONDUCTORS was one of TESTKOMPLEKT’s top ten suppliers in 2022, shipping over $1.5 million worth of items.
  • GREAT SHARE INTERNATIONAL LOGISTICS LIMITED (GREAT SHARE) is a PRC-based company that sent shipments of common high- priority items to TESTKOMPLEKT. GREAT SHARE was one of TESTKOMPLEKT’s top ten suppliers in 2022, shipping over $4 million worth of items.

Pursuant to section 1(a)(i), the following individuals are being designated for operating or having operated in the electronics sector of the Russian Federation economy:

  • ALEKSANDR VLADIMIROVICH PAN is the General Director of KRET, an entity being designated for operating or having operated in the electronics sector of the Russian Federation economy.
  • DARYA ANDREYEVNA KHORKINA is the General Director of LLC RADIOPRIBORSNAB, an entity being designated for operating or having operated in the electronics sector of the Russian Federation economy.
  • RUSLAN RUSTEMOVICH BULATOV is the General Director of TESTKOMPLEKT, an entity designated pursuant to E.O. 14024 for operating or having operated in the electronics sector of the Russian Federation economy.

Pursuant to section 1(a)(i), the following entities are being designated for operating or having operated in the manufacturing sector of the Russian Federation economy:

  • JOINT STOCK COMPANY RADIOPRIBORSNAB (JSC RADIOPRIBORSNAB) is a Russia-based company involved in the manufacturing of instruments and appliances for measuring, testing and navigation. JSC RADIOPRIBORSNAB is wholly owned by KRET.
  • AUTONOMOUS NONPROFIT ORGANIZATION TESTING AND CERTIFICATION CENTER PROMTECHNOCERT (PROMTECHNOCERT) is a Russia-based company that develops and manufactures computing equipment. PROMTECHNOCERT is wholly owned by KRET.
  • LIMITED LIABILITY COMPANY MODERN CONVERSION TECHNOLOGIES (SKT) is a Russia-based company primarily engaged in the manufacturing electrical machinery and equipment. SKT is wholly owned by PROMTECHNOCERT.

Pursuant to section 1(a)(i), the following individual is being designated for operating or having operated in the manufacturing sector of the Russian Federation economy:

  • ALEKSANDR VLADIMIROVICH CHERKOVSKIY (CHERKOVSKIY) is the General Director of JSC RADIOPRIBORSNAB.

Pursuant to section 1(a)(i), the following entity is being designated for operating or having operated in the engineering sector of the Russian Federation economy:

  • LIMITED LIABILITY COMPANY PROMELEKTRO ENGINEERING (PROMELEKTRO ENGINEERING) is a Russia-based company involved in engineering activities and related technical consultancy. PROMELEKTRO ENGINEERING is wholly owned by BULATOV.

PROMOTING ACCOUNTABILITY FOR MALIGN ACTORS

The Department is also taking further action to target those involved in supporting the Russian government’s war effort and other harmful activities.

The Department is designating the following entity and individuals pursuant to section 1(a)(i) for operating or having operated in the construction sector of the Russian Federation economy:

  • GOD SEMENOVICH NISANOV (NISANOV) is a co-founder of LIMITED LIABILITY COMPANY KYIV SQUARE, and was previously designated by the Department of State on June 2, 2022, pursuant to section 1(a)(vii) of E.O. 14024 for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, the Government of the Russian Federation or any person whose property and interests in property are blocked pursuant to E.O. 14024.
  • LIMITED LIABILITY COMPANY KYIV SQUARE (KYIV SQUARE) is a Moscow-based construction company co-founded by NISANOV and ILIEV.
  • ZARAKH BINSIONOVICH ILIEV is a long-time business partner and childhood friend of NISANOV, and a co-founder of KYIV SQUARE.

The Department is also re-designating one Russian national pursuant to section 1(a)(i) for operating in the construction sector of the Russian Federation economy:

  • ILYA BORISOVICH BRODSKIY (BRODSKIY) was designated on March 24, 2022, pursuant to section 1(a)(iii)(C) for his role as a member of the board of the directors of U.S.-designated PJSC SOVCOMBANK. BRODSKIY is a founder and 50 percent shareholder of an entity that engages in the construction of both residential and non-residential buildings.

The Network Of Russian Oligarch Ivan Tavrin

The Department is designating the following individual pursuant to section 1(a)(i) for operating or having operated in the accounting sector of the Russian Federation economy:

  • IVAN VLADIMIROVICH TAVRIN (TAVRIN) is the former CEO of the U.S.-designated MEGAFON PAO and is a former business partner of U.S.-designated ALISHER USMANOV. TAVRIN has become one of Russia’s biggest wartime dealmakers since the beginning of Russia’s illegal war against Ukraine.

Pursuant to section 1(a)(vii), the following entity is being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, TAVRIN, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY KISMET CONSULTING (KISMET CONSULTING) is a Russia-based management consulting company that is owned 100 percent by TAVRIN.

Pursuant to section 1(a)(i), the following entity is being designated for operating or having operated in the accounting sector of the Russian Federation economy:

  • LIMITED LIABILITY COMPANY KISMET CAPITAL GROUP (KISMET CAPITAL) is a Russia-based holding company in Moscow owned by TAVRIN.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY INVESTMENT DECISIONS 1 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY INVESTMENT DECISIONS 2 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY INVESTMENT DECISIONS 3 (INVESTMENT 3) is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entity is being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, INVESTMENT 3, a person whose property and interests in property are blocked pursuant to E.O. 14024:

LIMITED LIABILITY COMPANY DZHI EL EL RUS is a Russia-based holding company that is a subsidiary of INVESTMENT 3.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY INVESTMENT DECISIONS 5 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY INVESTMENT DECISIONS 6 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY INVESTMENT DECISIONS 7 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY NEW DECISIONS 1 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY NEW DECISIONS 2 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY NEW DECISIONS 3 (NEW 3) is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, NEW 3, a person whose property and interests in property are blocked pursuant to E.O. 14024:

LIMITED LIABILITY COMPANY INFRASTRACTURE HOLDING 3 is a Russia-based holding company that is a subsidiary of NEW 3.

LIMITED LIABILITY COMPANY INFRASTRACTURE HOLDING 4 is a Russia-based holding company that is a subsidiary of NEW 3.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY NEW DECISIONS 5 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • JOINT STOCK COMPANY NEW HOLDING 2 (HOLDING 2) is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, HOLDING 2, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY FINANCE DECISIONS is a Russia-based holding company that is a subsidiary of HOLDING 2.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • JOINT STOCK COMPANY NEW HOLDING 3 is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY NEW MEDIA HOLDING (NEW MEDIA) is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, NEW MEDIA, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY 7TV MEDIA GROUP is a Russia-based holding company that is a subsidiary of NEW MEDIA.
  • LIMITED LIABILITY COMPANY MEDIA 1 MANAGEMENT is a Russia-based holding company that is a subsidiary of NEW MEDIA.
  • LIMITED LIABILITY COMPANY HOLDING CHOOSE RADIO is a Russia-based holding company that is a subsidiary of NEW MEDIA.
  • JOINT STOCK COMPANY KREDO is a Russia-based holding company that is a subsidiary of NEW MEDIA.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY INTEGRATED SOLUTIONS is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.
  • LIMITED LIABILITY COMPANY INFRASTRACTURE HOLDING 1 (INFRASTRACTURE 1) is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, INFRASTRACTURE 1, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY RADIO REKLAMA NN is a Russia-based holding company that is a subsidiary of INFRASTRACTURE 1.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY KISMET TELECOM INFRASTRUCTURE (KISMET TELECOM) is a Russia-based holding company that is a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET TELECOM, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY KISMET TELECOM INFRASTRUCTURE 2 is a Russia-based holding company that is a subsidiary of KISMET TELECOM.

Pursuant to section 1(a)(vii), the following entity is being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, KISMET CAPITAL, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • JOINT STOCK COMPANY NEW TOWERS is a Russia-based holding company that is owned 65 percent by KISMET CAPITAL.

Pursuant to section 1(a)(i), the following entity is being designated for operating or having operated in the management consulting sector of the Russian Federation economy:

  • JOINT STOCK COMPANY NEW HOLDING 1 (HOLDING 1) is a Russia-based management consulting company that was previously a subsidiary of KISMET CAPITAL.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, HOLDING 1, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY NEW DECISIONS 4 is a Russia-based holding company that is a subsidiary of HOLDING 1.
  • LIMITED LIABILITY COMPANY INFRASTRACTURE HOLDING 2 (INFRASTRACTURE 2) is a Russia-based holding company that is a subsidiary of HOLDING 1.

Pursuant to section 1(a)(vii), the following entities are being designated for being owned or controlled by, or having acted or purported to act for or on behalf of, directly or indirectly, INFRASTRACTURE 2, a person whose property and interests in property are blocked pursuant to E.O. 14024:

  • LIMITED LIABILITY COMPANY RADIO REKLAMA VOLOGDA is a Russia-based holding company that is a subsidiary of INFRASTRACTURE 2.

Sanctions Implications

As a result of today’s action, and in accordance with E.O. 14024, all property and interests in property of the designated persons described above that are in the United States or in possession or control of U.S. persons are blocked and must be reported to the Department of Treasury’s Office of Foreign Assets Control (OFAC). Additionally, all individuals or entities that have ownership, either directly or indirectly, 50 percent or more by one or more blocked persons are also blocked. All transactions by U.S. persons or within (or transiting) the United States that involve any property or interests in property of designated or otherwise blocked persons are prohibited unless authorized by a general or specific license issued by OFAC or exempt. These prohibitions include the making of any contribution or provision of funds, goods, or services by, to, or for the benefit of any blocked person and the receipt of any contribution or provision of funds, goods, or services from any such person.

For more information on E.O. 14024, see full text.

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John Pike