Blacklisted over building 'Putin's bridge' companies don't expect any losses
Companies helping to construct a bridge to Crimea, which Russia illegally annexed from Ukraine in 2014, were among the biggest new targets, but the officials said they don't expect any impact from the sanctions.
"The sanctions will not affect the construction of the bridge," said the project's Crimea Bridge info centre, which noted that the bridge is being built without Western help.
Read also: US blacklists companies building 'Putin bridge' to annexed Crimea
"The contractor has all the resources necessary for the timely completion of the project," it said.
Russian Deputy Economic Development Minister Aleksei Likhachev told TASS on the sidelines of the Eastern Economic Forum in Vladivostok that the economic loss from the sanctions would be "minimal," although he said Russia "regrets" the "hostile spirit" shown by the sanctions.