The EU sanctions 26 Russian shipbuilding plants and their leaders

All target companies have been designated as part of the defense-industrial base, which belongs to the critical strategic sectors of Russia's economy.

Brussels, October 12. /TASS/. The European Union has included 26 Russian shipbuilding companies and their executives in its 22nd sanctions package, according to EU Council regulations published in the Official Journal of the European Union.

According to the document, sanctions were imposed on several subsidiaries of the United Shipbuilding Company, including Admiralty Shipyards and its CEO Andrey Vslov, Serden-Nevsky Shipyard and its CEO Sergei Karachkov, Amur Shipyard and its president Mikhail Borovsky, and Nevsky-Repair Shipyard and Nevsky-Repair Andreyskyi.

In addition, the sanctions list includes Ship Repair and Shipbuilding and its CEO Dmitry Savin, Baltic Shipyard No. 33 and its CEO Oleg Kasyanov, the 13th Shipyard of the Black Sea Fleet and its head Pavel Floria, as well as Rybinsk Shipyard.

All target companies are designated as part of the defense-industrial base belonging to strategically important sectors of the Russian economy. According to the statement of the European Union, their managers provide material support to the country's military-industrial complex.