Skip to main content

Which 5 Turkey-based firms did US sanction for aiding Russia in Ukraine?

US officials have repeatedly pressed Turkish counterparts to address the flow of funds to Russia amid the war in Ukraine.

Russia Turkey Ukraine
The Malta flagged bulk carrier Zante transits the Bosphorus carrying 47,270 metric tons of rapeseed from Ukraine after being held at the entrance of the Bosphorus due to Russia pulling out of the Black Sea Grain agreement on Nov. 02, 2022 in Istanbul, Turkey. — Chris McGrath/Getty Images

WASHINGTON — The United States placed economic sanctions on five companies based in Turkey and one Turkish individual on Thursday for allegedly assisting Russia in evading US sanctions and aiding Russia’s war effort in Ukraine.

One of the firms is Margiana, which the US said had sent hundreds of shipments to two Russian companies involved in producing military drones for use in Ukraine.

“Margiana’s shipments to SMT-iLogic and Saturn EK have included high priority items of the kind recovered in multiple Russian weapons systems in Ukraine, including the Kalibr cruise missile, the Kh-101 cruise missile and the Orlan-10 UAV,” the Treasury Department said in a press release.

The US accused another firm, Demirci Bilisim Ticaret Sanayi Limited Sirketi, of sending “sensors and measuring tools to Russia.”

SUBSCRIBER EXCLUSIVE

Continue reading this exclusive analysis

Original reporting and analysis unavailable elsewhere. Subscribe to AL-MONITOR to read this story and access everything we publish