Tinkoff, Alfa-Bank, Rosbank and the National Wealth Fund fell under the EU blocking sanctions, Tinkoff Investments spoke about its preparation for such a turn, and Poland stopped importing oil from Russia. These and other news of the day are in the RB summary.

EU restrictions against Tinkoff and Alfa-Bank, the cost of the tenth package of sanctions: the main thing for business February 26

World

  • The European Commission has estimated trade sanctions against Russia under the tenth package at 12.7 billion euros.

  • Poland stopped importing oil from Russia. 10% of raw materials entered the country from the Russian Federation, said Daniel Obaitek, head of the Orlen oil refinery.

  • Uruguay is ready to export wine, honey and fish to Russia, said the country’s ambassador to Russia, Daniel Castillos.

Business

  • Tinkoff, Alfa-Bank and Rosbank were included in the 10th EU sanctions package. Additionally, the National Welfare Fund was added to the sanctions list.

  • Tinkoff said they were preparing for the introduction of restrictions, so the assets of Tinkoff Investments clients will be transferred to an unauthorized company. All tools will continue to be available in the app.

  • MegaFon said that entering the EU sanctions list will not harm the companies or subscribers in any way.

Photo: Unsplash

Author:

Ahmed Sadulayev

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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