3529
24 февраля 2025
Paolo Sorbello, photo from pxhere.com

Two More Kazakhstan-Registered Companies Sanctioned

The EU updated its list of sanctioned companies and individuals

Two More Kazakhstan-Registered Companies Sanctioned

Two Almaty-registered companies were added on February 24 to the European Union’s latest sanctions package. The announcement comes on the day that marks the third year since the start of Russia’s war of aggression against Ukraine.

MetallStan LLP (also known as Stanex) and Kazstanex LLP became the latest companies added to the EU’s sanctions list. They both supplied machinery for industrial purposes. Both companies had already been sanctioned by the US. Kazstanex had been added in November last year to the UK sanctions list.

Two other companies, Elem Group and Da Group 22 had been added to the EU sanctions list last year. Da Group 22 was established to supply microchips to Russia that could have been used in combat.