Russian assets

Ukraine to auction Russian-linked cosmetics plant seized in 2024

Ukraine’s State Property Fund will hold an online privatization auction on Aug. 13 for 100% of the shares of Vinnytsiapobutkhim, a cosmetics and household chemicals manufacturer previously linked to Russian oligarchs.

21 June 2025, 03:25 PM

EU’s $213 billion investment plan using Russian assets aims to sustain Ukraine aid

The European Union is seeking to raise new funds from frozen Russian assets by transferring 200 billion euros ($213 billion) to a new, riskier investment fund that will offer higher interest, Politico reports, citing sources on June 19.

19 June 2025, 01:59 PM

French court allows forced recovery of $5 billion from Russia in favor of Ukraine's Naftogaz

A Paris court has recognized and granted permission for the Hague arbitration decision enforcement regarding compensation for damages caused by the expropriation of $5 billion Naftogaz assets in Crimea, the group wrote on its website on April 17.

17 April 2025, 12:15 PM

EU delivers €1B to Ukraine from interest on frozen Russian assets

The European Union has transferred €1 billion ($1.08 billion) to Ukraine as part of the G7’s Extraordinary Revenue Acceleration (ERA) initiative, which uses windfall profits generated from frozen Russian assets. Ukrainian Prime Minister Denys Shmyhal announced the funding after meeting with European Commissioner for Economy and Productivity Valdis Dombrovskis in Brussels on April 9.

9 April 2025, 05:12 PM

Europe may strike Russian targets if ceasefire is broken

European countries may launch "direct and immediate" strikes on Russian assets if a ceasefire is violated, AP reports on March 13.

13 March 2025, 01:55 PM

UK grants $932.48 million to Ukraine, funded by frozen Russian assets

Ukraine has received £752 million ($932.48 million) from the United Kingdom under the G7 ERA initiative, funded by frozen Russian assets, Prime Minister Denys Shmyhal said on March 7.

7 March 2025, 05:04 PM

Ukraine freezes $50 million of Deripaska’s assets

Ukrainian courts have ordered a freeze on UAH2.11 billion ($50.3 million) worth of industrial goods and raw materials owned by Russian oligarch Oleg Deripaska, Ukraine’s SBU security service reported on Jan. 29.

29 January 2025, 09:32 PM

Ukraine targets Russian oil giant: Tatneft assets to be seized

Ukraine’s Ministry of Justice has filed a lawsuit with the High Anti-Corruption Court (HACC) seeking the seizure of assets belonging to Tatneft, one of Russia’s largest oil conglomerates, officials wrote on Jan. 27.

28 January 2025, 12:42 PM

World Bank approves $1.05B loan for Ukraine to boost economic growth and stability

The World Bank's Board of Executive Directors approved a $1.05 billion development loan for Ukraine, funded by the International Bank for Reconstruction and Development under the ADVANCE Ukraine Trust Fund, with contributions from Japan and the United Kingdom, Interfax-Ukraine reports on Dec. 19.

19 December 2024, 12:44 PM

Russia's last major bank faces U.S. sanctions, isolation from SWIFT looms

The U.S. is poised to sanction Gazprombank, Russia's third-largest state-owned bank, cutting its access to the U.S. financial system and SWIFT, therefore disrupting its energy trade with Europe, Nikkei media outlet reported on Nov. 18.

19 November 2024, 05:54 AM

Russian air defense systems in occupied Mariupol hit by strikes

Air defense systems near the Mariupol airport were attacked overnight, Petro Andryushchenko, advisor to the mayor of Mariupol, reported on Telegram on Nov. 10.

10 November 2024, 01:05 PM

Ukraine privatizes plant confiscated from Russian senator

Ukraine has transferred Motordetal-Konotop LLC, which was confiscated from a Russian senator, to the State Property Fund of Ukraine for further privatization, according to an order published on the Government portal on Aug. 2.

5 August 2024, 02:35 PM

Switzerland declines to transfer frozen Russian asset revenues to Ukraine

Switzerland will not transfer revenues from frozen Russian assets to Ukraine, a step recently taken by the European Union, Swissinfo reported on July 27.

29 July 2024, 01:34 PM

Hungary accuses Ukraine of violating EU Association Agreement

Ukraine's decision to block the transit of Lukoil's Russian oil to Hungary and Slovakia "is a clear violation of the Association Agreement with the EU," Hungarian Foreign Minister Péter Szijjártó said at a press conference in Brussels on July 22.

23 July 2024, 11:27 AM

EU to send frozen Russian assets to Ukraine in coming weeks

In the coming weeks, the European Union will transfer first part of the proceeds from Russia's frozen assets for military aid to Ukraine, European Commission spokesman Christian Wiegand said at a press conference in Brussels on July 10.

10 July 2024, 06:39 PM

Ukrainian drone strike on oil depot in Kalach-on-Don: Satellite images reveal aftermath

New satellite images reveal the destruction caused by Ukrainian kamikaze drones that attacked an oil depot in Kalach-on-Don, Volgograd Oblast, Russia, on July 9, published by Radio Liberty on its Telegram channel.

10 July 2024, 04:09 PM

Polish FM outlines steps for the West to stop Putin's war in Ukraine

"Contrary to its crazy propaganda, Russia is not invincible," said Polish Foreign Minister Radosław Sikorski during a lecture at the British Ditchley Foundation, he wrote on X on June 29.

30 June 2024, 12:14 PM

Hungary to challenge EU decision to send $1.5 billion of Russian cash to Ukraine

Budapest will contest the European Union's decision to allocate $1.5 billion in revenue from frozen Russian assets for Ukraine aid, Hungarian Foreign Minister Péter Szijjártó said on June 24.

24 June 2024, 09:09 PM

G7 pledges $50 billion for Ukraine from seized Russian assets

Leaders of the G7 countries have agreed to provide Ukraine with $50 billion using interest from frozen Russian assets, German Finance Minister Christian Lindner said on X on June 13.

13 June 2024, 08:25 PM

G7 to establish Ukraine aid fund from Russian assets

G7 nations plan to establish a fund to support Ukraine long-term, financed by revenue from frozen Russian assets, Japanese outlet Nikkei reported on June 11.

11 June 2024, 10:11 PM

Russian assets

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