In Kyiv, assets of one of the largest producers of concrete structures worth over UAH 2 billion were seized. The company's beneficiaries were people from the entourage of Russian President Vladimir Putin.

This was reported by the Security Service of Ukraine.

"In order to avoid international sanctions and supply goods to the temporarily occupied territories of Ukraine, the company's management rebranded the brand. However, thanks to the SBU's response, the company was arrested," the statement said.

The investigation found that the ultimate beneficiaries of the company are Russian businessmen involved in financing the so-called L/DNR. One of them even belongs to the inner circle of the Russian president and is a sponsor of the United Russia party's election campaign.

Read all about the confiscation of Russian assets and the Ukrainian model in our research.