Rashnikov Viktor Filippovich

Russian Federation

1948-10-13

Magnitogorsk, Russian Federation

Male

EU

Leading businessperson. Owner, chairman of the Board of Directors and chairman of the Committee for Strategic Planning of the Magnitogorsk Iron & Steel Works (MMK).; Leading businessperson. Owner, chairman of the Board of Directors and chairman of the Committee for Strategic Planning of the Magnitogorsk Iron & Steel Works (MMK)

Viktor Rashnikov is a leading Russian businessperson who is owner and chairman of the Board of Directors of the Magnitogorsk Iron & Steel Works (MMK) company. MMK is one of Russia’s largest taxpayers. The tax burden on the company increased lately, resulting in considerably higher proceeds to the Russian state budget. Viktor Rashnikov also receives support from the Russian Government and decision-makers. Moreover, he was among the leading Russian businesspersons who participated in the congress of the Russian Union of Industrialists and Entrepreneurs in March 2023, where the President of the Russian Federation Vladimir Putin gave a speech and urged billionaires to put “patriotism before profit”. He is therefore a leading businessperson operating in Russia and a businessperson involved in economic sectors providing a substantial source of revenue to, and benefitting from the Government of the Russian Federation, which is responsible for the annexation of Crimea and the destabilisation of Ukraine.

CH

Art. 15 para. 1 and 4 (Financial sanctions) and art. 29 para. 1 (Travel ban), annexe 8

Function: Leading businessperson. Owner, chairman of the Board of Directors and chairman of the Committee for Strategic Planning of the Magnitogorsk Iron & Steel Works (MMK).; Associated entities: Magnitogorsk Iron & Steel Works (MMK); Function: Leading businessperson. Owner, chairman of the Board of Directors and chairman of the Committee for Strategic Planning of the Magnitogorsk Iron & Steel Works (MMK)

2022-03-16

CH

Ordinance of 4 March 2022 on measures related to the situation in Ukraine (SR 946.231.176.72)

Switzerland country specific

Russia

Asset freeze, Travel ban, Trade sanctions, Financial restrictions, Transport restrictions, Other restrictions

Switzerland imposes these sanctions under the Ordinance of 4 March 2022 on measures related to the situation in Ukraine (SR 946.231.176.72). The measures follow the sanctions adopted by the European Union.