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Czech Republic imposes sanctions on oligarch close to Putin

Jun 30, 2023

The Czech government has decided to impose sanctions on Russian oligarch Vladimir Yevtushenkov and his son Felix, who have significant assets in the country. This is stated in a statement by the Czech government, according to Evropeiska Pravda.


The Yevtushenkovs became the second on the Czech Republic's sanctions list after Russian Patriarch Kirill, who was restricted in April. Now the Russian oligarch and his son face a freeze on their Czech assets. Yevtushenkov owns luxury real estate in Karlovy Vary, Czech Republic, a resort town that used to be popular among Russians. We are talking about a complex of five Savoy Westend villas, as well as the neighboring Shakespeare villa.

In the Czech Republic, the Russian oligarch also owned for many years the NVision Czech Republic plant with about three hundred employees, which produces electrical components for the telecommunications sector and the automotive industry in Votice in the Benesov region. But last year he handed the business over to local managers.

Yevtushenkov is very close to Putin. On February 24, 2022, the day the full-scale war in Ukraine began, the billionaire sat with Putin in the Kremlin along with other Russian oligarchs.

His empire includes, among other things, the engineering concern RTI Systems, a longtime supplier to the Russian military. Although Yevtushenkov is already on the sanctions lists of Britain, Australia, and New Zealand, he is still not on the EU list.

Author - Serhii Kolomiets, 30/06/2023

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