Russian companies hit by Western sanctions
Russia’s biggest oil company Rosneft and several other significant players have been hit by US sanctions, and the EU also chose to tighten its sanctions against the country Wednesday evening.
BY RITZAU FINANS & KATRINE GRØNVALD RAUN
Both US and the EU are tightening its grip on Russia by imposing further sanctions against the country. At a summit of EU Heads of State and Government on Wednesday evening in Brussels, a decision was reached to ask European Investment Bank and European Bank for Reconstruction and Development (EBRD) to halt further investments and financing of new projects in Russia.
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