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🇨🇠Cerdia, a global manufacturer of cellulose acetate headquartered in Basel (Switzerland), continues operating in Russia despite the full-scale war.
From 2022 through March 2025, Russian companies received $7.3M worth of its products.
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Documents indicate that in 2023–2025 these entities used imported cellulose acetate in the production of rockets, aerial bombs, and air defense systems.
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🔗Full investigation: trap.org.ua/en/publications/…
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An analysis of export structures shows that, even after sanctions were imposed, Russia continues to receive critically important goods from South Korea.
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đź“Ť At the same time, a significant portion of goods reaches Russia not as Korean-made products, but as foreign technologies passing through Korean supply chains. Brands appearing in this segment include AIC, NSK, WAGO, FAG, among others.
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📉 Despite the cases described, South Korea’s sanctions regime can be considered relatively effective. Since the tightening of export restrictions, the flow of dual-use goods to Russia has decreased by an order of magnitude.
🔗 Read the full report: trap.org.ua/en/publications/…
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