OFSI General Licence – Russia
OFSI has issued General licence INT/2022/1438977 under Regulation 64 of the Russia (Sanctions) (EU Exit) Regulations 2019.
Under General Licence INT/2022/1438977, the DP is Russian Railways. The Joint Venture is GEFCO, a Joint Venture owned by Russian Railways and Stellantis, GEFCO S.A Rue Jean Jaures, 20-22, 92800 Puteaux, France.
A Subsidiary is any entity owned or controlled by the DP, including:
- GEFCO UK Ltd
- GEFCO Forwarding UK
- Auto XP Limited
- XP Tech Limited
Under General Licence INT/2022/1438977 a Person may continue business operations involving the Joint Venture or its Subsidiaries including, but not limited to: Payments to or from the Joint Venture or its Subsidiaries under any obligations or contracts; Payments to or from any third party necessary to the continuation of any obligations or contracts.
This licence takes effect from 25 March 2022 and expires on 23 May 2022.