GTLK (russian: Государственная транспортная лизинговая компания, ГТЛК; English: ''State Transport Leasing Company'') is Russia's largest

leasing A lease is a contractual arrangement calling for the user (referred to as the ''lessee'') to pay the owner (referred to as the ''lessor'') for the use of an asset. Property, buildings and vehicles are common assets that are leased. Industrial ...

company. Its offices are in

Salekhard Salekhard (russian: Салеха́рд; Khanty: , ''Pułñawat''; yrk, Саляʼ харад, ''Saljaꜧ harad'') is a town in Yamalo-Nenets Autonomous Okrug, Russia, serving as the okrug's administrative centre. It crosses the Arctic Circle, th ...

Yamalo-Nenets Autonomous Okrug The Yamalo-Nenets Autonomous Okrug (YaNAO; russian: Яма́ло-Не́нецкий автоно́мный о́круг (ЯНАО), ; yrk, Ямалы-Ненёцие автономной ӈокрук, ) or Yamalia (russian: Ямалия) is a fed ...

, Russia. In April 2022, GTLK was added to the British government's and EU sanctions lists, in relation to the

2022 Russian invasion of Ukraine On 24 February 2022, in a major escalation of the Russo-Ukrainian War, which began in 2014. The invasion has resulted in tens of thousands of deaths on both sides. It has caused Europe's largest refugee crisis since World War II. An ...

. GTLK accounts were blocked, restrictions were placed on the export and import transactions of the company and its subsidiaries, and a ban on access to EU ports was introduced against the group of ships under the control of the group. As a result, GTLK received a record loss of 55.8 billion rubles in 2022.

References

External links

* Companies based in Yamalo-Nenets Autonomous Okrug Leasing companies 2001 establishments in Russia {{Russia-corp-stub