Restrictive Measures Against Russia: The Confiscation of the Entire Proceeds of a Brokering Transaction Covered by the Prohibition on Providing Brokering Services for Military Equipment is Permitted

Romanian aerospace firm Neves 77 Solutions SRL was fined around 6,000 euro for brokering services related to military equipment to a Russian operator. The company collected 3 million euros for providing such services, leading to a confiscation of the brokerage fee. The Court of Justice ruled that it is illegal to offer such services to a Russian operator, even if the equipment was never imported into the EU. The court also noted that EU law allows for automatic seizure of entire sums related to military equipment brokerage services.