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One of the Lithuanian banks froze 2.9 million euros for PhosAgro Baltic (part of PhosAgro) in Lithuania. This was reported by the center for investigative journalism Siena, to which Interfax refers.
In addition to PhosAgro Baltic funds, about 4.4 million euros of eight legal entities and four individuals were also frozen in Lithuania.
PhosAgro is one of the world’s largest producers of phosphorus-containing mineral fertilizers. On March 9, 2022, Andrey Guryev, who at that time headed PhosAgro, added to the EU sanctions list. After that, he left the post of CEO and the board of directors of the company.
It also became known today that the Lithuanian electricity supplier Inter RAO Lietuva, which is part of the Russian holding Inter RAO, has lost the ability to manage its bank accounts. The company is associated with Igor Sechin, the chairman of the board of directors of Rosneft, who also fell under EU sanctions. He also heads the board of directors of the Russian PJSC Inter RAO
Juozas Ruzgis, Head of the Inter RAO Lietuva Communications Department, said that the company does not yet have information about the sanctions imposed against the Inter RAO trader, and assured that the obligations to customers continue to be fulfilled.
As of March 17, Inter RAO Lietuva shares will also be removed from the Foreign Shares Trading List of First North, the Vilnius Nasdaq Stock Exchange announced. At the same time, the company’s shares continue to be listed on the Warsaw Stock Exchange.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
