Italy’s largest energy corporation urgently leaves Russia, the EU is ready to add sanctions

Leading Italian energy group Enel SpA hastened to conduct procedures to sell thermal power plants to leave Russia. (Source: Bloomberg)

Interview with TV channel Bloomberg TVMr. Starace said: “We are in the process of selling the thermal power plant, this is a process that we have had before, but it needs to be done more quickly.”

Founded in 2004, Enel Russia PJSC, a subsidiary of Enel, contributes just over 1% of the group’s total profits.

Energy groups in the largest group in the world, including BP Plc, Shell Plc and Eni SpA of Italy, have announced plans to withdraw from investment projects in Russia after the outbreak of war in Ukraine.

On the same day, the EU’s High Representative for Foreign and Security Policy Josep Borrell said that the EU is ready to impose additional sanctions on Russia related to its military campaign. Moscow in Ukraine.

“Restrictive measures continue to play an important part in our approach and we stand ready to take further measures,” Borrell told the press after meeting EU foreign ministers in Brussels. with your partner”.