Biznes Fakty
Russian chain of stores returns to Poland under new name. Government's reaction
In response to a request from the National Revenue Administration (KAS), the Ministry of Internal Affairs and Administration (MSWiA) made a decision to add Torgservis PL and its shareholders, Sergey and Andrey Sznejder, to the sanctions list. The sanctioned company operates the MyPrice discount chain within the Polish market.
„Following the applications from the head of the National Revenue Administration, the Minister of Internal Affairs and Administration (MSWiA) has issued additional decisions to include Torgservis Pl sp. z o. o. and its shareholders: Sergiej Iwanowicz Sznejder and Andriej Iwanowicz Sznejder on the sanctions list,” stated the National Revenue Administration.
MyPrice on the sanctions list
KAS also indicated that the company possesses financial and economic assets that indirectly aid the aggression of the Russian Federation against Ukraine.
As per the information shared in the press release, Andriej Sznejder owns 4,620 shares in Torgservis Pl valued at PLN 2,079,000, while Sergiej Sznejder possesses 24,332 shares valued at PLN 10,949,400.
Torgservis Pl serves as the operator of the MyPrice retail chain in Poland. „It is a Russian discount chain previously known as Mere, which re-entered the Polish market under the new name MyPrice. The Mere stores in Poland were shut down in 2022 due to the onset of the war in Ukraine,” the release noted.
KAS believes that imposing sanctions on Torgservis Pl will help decrease the revenue of this Russian company and thereby „will indirectly influence the reduction of the budget of the Russian Federation, which finances aggression against Ukraine”.
KAS highlighted that Sergei and Andrei Shnejder were already sanctioned by Ukraine because, being Russian nationals, they own shares in various companies that operate within the Russian Federation.
Read more: New sanctions against Russia. There is a list >>>
Google MapsWhat does being included on the sanctions list mean?
Inclusion on the Polish sanctions list entails imposing restrictive measures on an individual or entity, which includes freezing all financial and economic assets, prohibiting any availability of financial or economic resources to them, either directly or indirectly, banning intentional participation in actions aimed at circumventing these restrictions, exclusion from public procurement procedures or competitions, and entry into the register of foreigners whose presence in the Republic of Poland is not desired.
„The actions taken stem from ongoing monitoring by the National Revenue Administration (KAS) aimed at identifying activities that violate regulations regarding sanctions imposed on the Russian Federation and Belarus. These measures not only thwart attempts to evade sanctions but also serve to protect the Polish and EU markets. KAS continues to conduct thorough analyses of compliance with sanctions-related restrictions across various sectors, industries, and issues,” the press release stated.
The National Tax Administration announced that if additional violations of the imposed restrictive measures are discovered, the head of the National Tax Administration will act in accordance with his legal powers.
