The European Union plans to transfer Deripaska's assets to Raiffeisen Bank.

      03 October 2025 12:07 Politics

      The European Union plans to unfreeze shares of Russian businessman Oleg Deripaska in the construction company Strabag worth about €2 billion and transfer them to the Austrian Raiffeisen Bank, Financial Times sources told the TV channel "360".

      The newspaper's journalists found that the EU is considering lifting sanctions on assets linked to Russian oligarch Oleg Deripaska to compensate losses suffered by Austrian Raiffeisen Bank International in Russia.

      In May the Central Bank of Russia seized €1.87 billion from the account of the Russian unit of the Austrian bank and transferred these funds to the company Rasperia, the source said.

      According to the FT, the latest draft of the EU's proposal on sanctions against Russia includes provisions to unfreeze shares in the Austrian construction company Strabag owned by Deripaska, amounting to about €2 billion.

      Recall that Oleg Deripaska has been under sanctions by the European Union, the United Kingdom and a number of other countries since 2022. Earlier, in April 2018, he was sanctioned by the United States when the U.S. Treasury blacklisted all his assets, including the world's largest aluminum producer — Rusal — and the main supplier of commercial vehicles to the Russian market — the GAZ Group.

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