Czech government freezes Russian State's real-estate assets

Czech government freezes Russian State
# 16 November 2023 00:35 (UTC +04:00)

The Czech government said on Wednesday it froze Russian state-owned properties in the Czech Republic, expanding a sanctions list, APA reports citing U.S.News.

The government press office said the EU country widened its national sanctions list to include a Russian company, which is controlled by the Russian presidential administration and is in charge of managing Russian assets abroad. It did not name the company in the statement.

"The company's commercial activities are as of today illegal, as well as circumventing and violating this sanction, and its entire assets in the Czech Republic have been frozen," it said.