PRESS RELEASE No 6/17
Luxembourg, 25 January 2017
In response to the crisis in Ukraine, the Council adopted, in early 2014, restrictive measures
(freezing of funds and refusing entry into EU territory) against natural or legal persons whose
activities are undermining or threatening the territorial integrity, sovereignty and independence of
Ukraine.
In that context, the Council decided to freeze the funds of the Russian company Almaz-Antey Air
and Space Defence (‘Almaz-Antey’) on the following grounds: ‘Almaz-Antey is a Russian stateowned
company. It manufactures anti-aircraft weaponry including surface-to-air missiles which it
supplies to the Russian army.
The Russian authorities have been providing heavy weaponry to
separatists in Eastern Ukraine, contributing to the destabilization of Ukraine. These weapons are
used by the separatists, including for shooting down airplanes.
As a state-owned company, AlmazAntey
therefore contributes to the destabilization of Ukraine.’ Almaz-Antey applied to the General
Court to annul the continuation of the freezing of its funds for 2015 and 2016.1
In today’s judgment (the first concerning the freezing of funds of a Russian company in connection
with the crisis in Ukraine), the Court dismisses the action brought by Almaz-Antey and thus
upholds the freezing of that company’s funds.
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