{"id":4407,"date":"2026-07-18T07:35:42","date_gmt":"2026-07-18T07:35:42","guid":{"rendered":"https:\/\/homebuyerrelocation.com\/?p=4407"},"modified":"2026-07-18T07:35:42","modified_gmt":"2026-07-18T07:35:42","slug":"eu-sanctions-russian-companies-in-response-to-deadly-drone-attacks-on-ukraine","status":"publish","type":"post","link":"https:\/\/homebuyerrelocation.com\/?p=4407","title":{"rendered":"EU sanctions Russian companies in response to deadly drone attacks on Ukraine"},"content":{"rendered":"
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The European Union on Friday imposed sanctions on a Russian corporate executive and five companies that produce drones being used in Moscow\u2019s war against neighboring Ukraine.<\/p>\n

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The EU\u2019s latest round of financial and travel restrictions follows a wave of combined missile and drone attacks in Kyiv, Ukraine, this month that killed at least 17 people and injured dozens more, officials said.<\/p>\n

The sanctioned businesses are part of the ABS Electro group of companies, which develops and manufactures electronic components needed for drone warfare.\u00a0<\/p>\n

\u201cThese entities contribute to the development of systems which enhance the capacity of Russian Unmanned Aerial Vehicles \u2014 such as the Shahed and Geran type drones \u2014 by increasing their resistance against electronic warfare,\u201d EU officials said in a statement.<\/p>\n

Read more Lithuania\u2019s foreign minister sets a red line on Russian sabotage<\/a><\/p>\n

Along with its drone work, ABS Electro companies produce automated control systems for the Russian energy sector, which provides a substantial source of revenue to the Kremlin.<\/p>\n

Also, the EU said it was sanctioning ABS Electro Chair Irina Kharisova, who serves as a director of several companies on the list.<\/p>\n

The sanctions will result in a freezing of assets and a travel ban to EU countries, officials said.<\/p>\n

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<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

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