Ukrainian authorities intend to assume control of the company IDS Ukraine, which operates in the water sector. The company is partially owned by Russian investors, which motivated the Ukrainian government's interest in intervening.
However, IDS Ukraine is also partially owned by a family that is not subject to sanctions. This family publicly contested the decision of Ukrainian authorities to remove the management of the company.
The issue arises in a broader context of tensions related to assets of Russian origin in Ukraine, where the government has been taking measures to control or confiscate companies with ties to Russian investors, even when other non-sanctioned owners are involved.
