As reported by Censor.NET citing The Kyiv Post, the European Union has imposed sanctions against companies that participated in the construction of the bridge across the Kerch Strait to Crimea, according to a decision, dated July 30, published on the EU website.
Two companies controlled by tycoon Arkady Rotenberg, PJSC Mostotrest and Stroygazmontazh LLC (SGM) are subject to the European sanctions as of July 31.
The EU sanctions also apply to JSC Institute Giprostroymost St. Petersburg, JSC Zaliv Shipyard, Stroygazmontazh-Most LLC and Vologda-based JSC VAD.
Explaining the reasons for the decision to impose the sanctions, the EU Council said: "They are listed because of their involvement in the construction of the Kerch Bridge, connecting Russia to the illegally annexed Crimean peninsula. Through their actions they supported the consolidation of Russia's control over the illegally annexed Crimean peninsula, which in turn further undermines the territorial integrity, sovereignty and independence of Ukraine."
The measures consist of an asset freeze, meaning that all of the assets in the EU belonging to these entities are frozen and EU persons and entities cannot make any funds available to them.
The decision brings the total number of entities listed by the EU to 44. In addition, the EU imposed a travel ban and an asset freeze on 155 individuals under this sanctions regime.