U.S. imposes sanctions on 2 Hungarian entities with Russian ties
The U.S. has placed sanctions on two Hungarian entities, as announced by U.S. Ambassador to Hungary, David Pressman, on the social media platform X.
Hungarian entities sanctioned by U.S.
U.S. Ambassador to Hungary, David Pressman, on the left. Photo: FB/US Embassy
Pressman informed Hungary’s Ministry of Foreign Affairs on 23 August about the decision. One of the targeted entities had been collaborating with the Russian energy sector and was involved in the planned construction of the Paks II nuclear power plant. The other entity manufactured weapons for the Russian military, 24.hu writes.
“We remain deeply concerned about the Hungarian government’s choice to strengthen its ties with the Kremlin, which continues to leave Hungary dependent on Russian energy,”
Pressman added.
According to Telex, the weapons manufacturer in question is Mátrix Metál Group Ltd., which is currently undergoing liquidation. This company had been supplying products to a Russian firm called Exiton, which were used in the production of Sukhoi fighter jets. Mátrix Metál is registered in an apartment building on Korányi Sándor Street in Budapest’s 8th district, and it is run by a Latvian national, Vladimirs Boreckis.
Met today with Hungarian Foreign Ministry officials to notify them that the United States is imposing sanctions on a range of targets, including on two entities in Hungary, one involved in bolstering Russia’s energy sector (and seeking to work on Paks II) and the other supplying… pic.twitter.com/PDWYLkNKpD
— Ambassador David Pressman (@USAmbHungary) August 23, 2024
Russia uses Western technology in military production
US authorities have grown increasingly concerned about Russia’s military industry, particularly companies producing fighter jets, using Western technology in aircraft deployed in Ukraine. A Radio Free Europe investigation from May revealed that electronic components for Sukhoi jets were being supplied to Russia from the EU,
including from Cyprus and Hungary.
On 23 August, shortly after Ambassador Pressman’s statement, the U.S. State Department issued an official release announcing additional sanctions. These included a Hungarian-based branch of a Russian company.
The sanctioned Russian firm, Меzsregionstroj (referred to as MezhRegionStroj in Hungary), is a construction company involved in Russia’s Vostok project. This massive oil infrastructure endeavour aims to extract and transport oil from the Arctic region, with a goal of producing up to 100 million tons of crude annually, according to the U.S. State Department. The US government has placed sanctions on the Russian firm and its numerous subsidiaries.
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8 Comments
The Real Person!
The Real Person!
Now I’m losing faith in The West. If they don’t kick Hungary out of NATO and the EU immediately, they are not endangering us all. There should be a fence surrounding Hungary on the border of any NATO nation. Hungarians, I love you, but your mafia, commie loving, Fidesz leaders are beyond saving.
The Real Person!
The Real Person!
Its time for Fidezs to impose some sanctions on the team USA. Ohhhh wait!
The Real Person!
The Real Person!
Imposing santions is the US’s own policy, but looking for a solution in the war Ukraine, for which they are guilty, they don;t want to know anything about that, on the other hand escalating is their motto.
The Real Person!
The Real Person!
Pressman, your days are numbered. You can do an Indian rain dance; it will not make any difference to Hungarian internal affairs decisions. You have not learned your lesson. All you did in your years in Hungary is attend LGBT parades, that was all you were allowed to do. Oh yes, you insulted all 9+ millions of Hungarians. So do not crow. Russia is a reliable energy supplier; Russia will finish Paks II nuclear energy plan. Then, hostile democrats like yourself can go home and enjoy your failure.
Most EU countries and the US, especially envoys like you, cannot be trusted. Hungary learned her lesson in 1956. Boy US politicians always twiddle their thumbs or play both sides of the conflict, e.g., supplying weapons to Israel, sending billions to Gazans’ hamas at the same time.
Sadden, read the agreement between EU and countries joining the club. Then you will not make such naive statement. People that make judgements on feelings rather than facts are and will be considered failures.
The Real Person!
The Real Person!
Today we see political and economic warfare being used to destroy the core capabilities of nations around the world by those with the goal of a One World Government. We also see wars, DISEASES(Covid-19 and variants), terrorism, famines, Iran’s and North Korea’s nuclear weapons programs, Putin’s nuclear threats, Russia’s war in the Ukraine, the war against Iran and it’s proxies as well as BDS and religious problems virtually everywhere. We have seen WEATHER GONE MAD as well as too many MAJOR EARTHQUAKES, massive WILD FIRES and volcanic eruptions taking place at an alarming rate all over the world. We also see a fast rise in Globalistic actions against the free will of people and obvious attacks against the economies of the nations of the world in order to make the people desperate enough to accept a new world government and monetary system. I believe we also see that the world is pushing Israel to bring an end of the war against Hamas despite the fact that Hamas has not given up and will rebuild and attack Israel again if it survives. It is against God’s word to attempt to push Israel into giving up full ownership of all of it’s land. God warns the world not to divide His land. It’s time to understand that the Bible has been pointing to these events for thousands of years. We are living in the end times! The tribulation period is coming and you need to know where you stand with God. Don’t guess about it, KNOW FOR SURE! Have you accepted the forgiveness of sins that Jesus Christ offers? People need to pray to Jesus and confess that they are a sinner and want to turn away from sin and do Gods will and then accept Jesus gift of forgiveness of their sins and make Him their Lord and savior. All they need to do is pray in the name of God’s son Jesus Christ. Jesus Christ died in your place in order to offer you forgiveness of sins and salvation! He rose again from the grave and is returning soon. Time is running out!
The Real Person!
The Real Person!
Calling Russia a reliable energy supplier is naive. Fidesz made a deal with the devil and can’t get out of it because they will suffer severe consequences from the Russians.
The Real Person!
The Real Person!
Russia always has been a reliable energy provider until you put coke-head Z in power. How are we supposed to trust the US given the Biden’s corruption scandals? Hunter and Burisma anyone, the laptop …? What should we be doing, buying overpriced energy from the states to line the pockets of your corrupt politicians?
You shills at the embassy don’t stop, we ought to be imposing sanctions on anyone involved there and also cut the number of allowed workers.
After the election, it’ll be time for Pressman to pack up, go home and return to his job packing fudge.
The Real Person!
The Real Person!
The “NET” rightfully with the POWER it TIGHTENS.
The United States of America can and will SCORN Hungary – DEMOCRATICALLY.
Hungarians you voted for him TWICE – to be your SAVIOUR.
Hungarians – after 15 years what has he DELIVERED you ?
What number is it living NOW in POVERTY in Hungary – in an AGEING decreasing in number Population ?
Answer : 3.1 million and RISING.
Victor Mihaly. Orban – what has he, his Fidesz Government DELIVERED Hungary ?
Debt – Government Debt – debt of the tax payers of Hungary to “Bear” carry on there SHOULDERS that GROWS daily.
Debt – yes Debt with the European Union & China – Gargantuan DEBT.
Hungary – we are STUFFED.