Sberbank subsidiary unit works sidestepping sanctions in Crimea

The Russian Sberbank is working in the occupied Crimea bypassing international economic sanctions through its subsidiary company Evotor.

The Russian «FDO Platform» (Fiscal Data Operator) operates on the peninsula. It collects, stores and transfers data from the cash register equipment (CRE) to the Federal Tax Service (FTS) of the Russian Federation.

Some stores and companies have connected to this platform through Sberbank smart terminals and its subsidiary company Evotor.

Its executive officer and shareholder now is Andrey Romanenko, who is in Crimea according to the published photo on Facebook.

«I went drinking coffee, and here is our favorite #Evotor connected to #FTS through our # PlatformFDO !!! #So glad !!!! # Crimeaid ours», Russian man wrote and published a photo, which shows how this system operates in Crimean cafe.

According to the map published by Andrey Romanenko, there are enough places to use this system on the peninsula.

 

Andrey Romanenko owns 30% shares of the subsidiary company Evotor, and Sberbank has correspondingly 70%. Romanenko is co-founder and executive chairman of the largest payment service in Russia as Qiwi.

Sberbank smart terminals supply in Crimea any cards including American Express, Visa, MasterCard, as well as the Russian national payment system «Mir» cards.

 

It became known in May, 2017, that Sberbank of Russia isn’t going to work in Crimea because of the EU and the US sanctions against it.