JSC KRASNY GIDROPRESSOrganization

Per UK Foreign, Commonwealth & Development Office (FCDO) (listed 2023-05-18):

UKSL RUS1892 — Measures: Asset freeze, Trust Services Sanctions, Director Disqualification Sanction — JSC KRASNY GIDROPRESS is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 because it is, and has been, involved in obtaining a benefit from or supporting the Government of Russia by: (1) carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian defence sector, as part of the JSC TACTICAL MISSILES CORPORATION holding, a Russian holding company specialising in the manufacture of weapons; (2) carrying on business as a Government of Russia-affiliated entity because the Government of Russia holds directly or indirectly a minority interest in it; and (3) carrying on business as a Government of Russia-affiliated entity because it is owned or controlled directly or indirectly by the Government of Russia. (official source)

Per UK HM Treasury (OFSI) (listed 2023-05-18):

RUS1892 — JSC KRASNY GIDROPRESS is an involved person under the Russia (Sanctions) (EU Exit) Regulations 2019 because it is, and has been, involved in obtaining a benefit from or supporting the Government of Russia by: (1) carrying on business in a sector of strategic significance to the Government of Russia, namely the Russian defence sector, as part of the JSC TACTICAL MISSILES CORPORATION holding, a Russian holding company specialising in the manufacture of weapons; (2) carrying on business as a Government of Russia-affiliated entity because the Government of Russia holds directly or indirectly a minority interest in it; and (3) carrying on business as a Government of Russia-affiliated entity because it is owned or controlled directly or indirectly by the Government of Russia. (official source)