EU Sanctions Target Enterprises in Karachay-Cherkessia and North Ossetia
1 report, 1 independent
Updated Oct 13
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What happened
On December 2, 2012, the European Union imposed sanctions on regional enterprises in Karachay-Cherkessia and North Ossetia. The sanctions targeted two companies in Karachay-Cherkessia, including JSC "Eliya Factory" and JSC "Cascade," and three organizations in North Ossetia. The list also included the leaders of these companies.
From eng.kavkaz-uzel.eu
Why it matters
The sanctions placed restrictions on specific companies and their management in the regions. The Council of the EU stated the basis for including these five enterprises.
From eng.kavkaz-uzel.eu
Who's involved
- Karachay-CherkessiaRegion where two sanctioned companies operate
- CherkesskCity where JSC "Cascade" operates
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The entities involved
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Karachay-Cherkessia
first-level administrative division of Russia
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