The US imposed sanctions against the founder of Erich Krause

The US Treasury has imposed sanctions against Russian businessman Dmitry Beloglazov and three companies - JSC Iliadis, MCAO Rasperia Trading Limited and LLC Title, according to the department's website.

According to the American authorities, the new people on the list are “involved in an attempt to evade sanctions” associated with businessman Oleg Deripaska (he has been under US restrictions since 2018, and measures have also been introduced by Australia , CANADA , the European Union, New Zealand and the UK . FORBES estimates Deripaska’s condition at $2.8 billion).

Beloglazov, according to RBC Company, is the founder of Title. He is also the founder of the stationery brand Erich Krause. As stated by the US Treasury, in 2023 he agreed with Deripaska on a deal to sell the businessman’s frozen shares in a European company. A few days later, a subsidiary of Titula, Iliadis, was created, which acquired Rasperia Trading Limited at the beginning of 2024 .

RBC sent a request to the Erich Krause company and Deripaska's representative.

Rasperia Trading Limited owns a 24.1% stake in the Austrian construction company Strabag. In January, the Austrian firm reported that Deripaska was indirectly linked to Rasperia through three other companies (Bradmion Holdings Limited, Melisantis Limited and Valtoura Holdings Limited), but in March the businessman notified Strabag that he no longer controlled Rasperia.

In December 2023, Austria's Raiffeisen Bank International announced its intention to acquire Rasperia's 27.78% stake in Strabag. According to RBI's initial plans, the Russian subsidiary, Raiffeisenbank, was to buy shares for €1.51 billion, and then transfer them to the parent group in the form of dividends.

According to REUTERS , both American and Austrian authorities expressed concern about the deal . An RBI representative responded by assuring that the lending institution “will not purchase shares from Deripaska or any other sanctioned individual or entity.” Deripaska’s representative, in turn, emphasized that the businessman “has nothing to do with Strabag for a long time,” and Western sanctions against him are “based on false information.” In May, the RBI abandoned plans to buy a stake in Strabag, saying the deal could not be cleared with authorities.