Crocus Nano Electronics - Sanctions record
3.16.15.52
08.05.2025 18:52:30
Crocus Nano Electronics - Sanctions record

Crocus Nano Electronics

List

Type Entity
List name United Kingdom
Programs (1) Russia
Listed (1) 04.05.2022

Names (2)

Last name/Name Crocus Nano Electronics
Full name/Name Crocus Nano Electronics
Type Primary name
Full name/Name КРОКУС НАНОЭЛЕКТРОНИКА
Type Non-Latin script
Remark Language: Russian

Addresses (1)

Country Russian Federation
Postal code 1

Identification documents (3)

Type Email Address: info@crocusnano.com
Type Phone Number: 7 (495) 640 51 86
Type Website: www.crocusnano.com

Notes (4)

Designated for the purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019. The designation is made as a designation by name under the urgent procedure. The relevant provision by reference to which the Minister considers that condition B is met is Canada’s Special Economic Measures (Russia) Regulations. The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Minister considers that it is in the public interest to designate (condition C). The Minister certified on 22 June 2022 that conditions B and C continued to be met.
Designated for the purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019. The designation is made as a designation by name under the urgent procedure. The relevant provision by reference to which the Minister considers that condition B is met is Canada’s Special Economic Measures (Russia) Regulations. The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Minister considers that it is in the public interest to designate (condition C)
Designated for the purposes of an asset freeze under the Russia (Sanctions) (EU Exit) Regulations 2019. The designation is made as a designation by name under the urgent procedure. The relevant provision by reference to which the Minister considers that condition B is met is the European Union’s Council Decision 2014/145/CFSP (as amended) concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine, and Council Regulation (EU) No 269/2014. The purposes of this provision correspond or are similar to the purposes of the UK’s Russia (Sanctions) (EU Exit) Regulations 2019, which have as their purposes to encourage Russia to cease actions destabilising Ukraine or undermining or threatening the territorial integrity, sovereignty or independence of Ukraine. The Minister considers that it is in the public interest to designate (condition C).
Crocus Nano Electronics (CNE) is a leading electronics company in Russia. CNE therefore is or has been involved in obtaining a benefit from or supporting the Government of Russia by carrying on business in a sector of strategic significance to the Government of Russia, namely the electronics sector.

Additional Financial sanction (1)

Type Date of restriction determination
#1 Type: Trust services 21.03.2023

Historical data

Names (2)

Status Historical (last time active at 23.08.2022 17:15)
Last name/Name Crocus Nano Electronics
Full name/Name Crocus Nano Electronics
Type Primary name
Status Historical (last time active at 23.08.2022 17:15)
Full name/Name Крокус Нано Электроникс
Type Non-Latin script
Updated: 08.05.2025. 18:16
The Sanction catalog includes Latvian, United Nations, European Union, United Kingdom and Office of Foreign Assets Control and Canada subjects included in sanction list.