EU penalizes Belarusian Holographic Industry.

Belarusian company Holographic Industry has been hit with EU sanctions.

Belarusian company Holographic Industry has been hit with EU sanctions.

Holographic Industry OJSC, the sole Belarusian manufacturer of holograms, has been targeted with EU penalties.

The stated justification was “strong professional ties to governmental bodies, some acting as stakeholders.”

The limitations become effective on October 23.

The “holographic industry” is connected to Viktor Shevtsov, a close associate of Lukashenko, who has been the focus of a minimum of four BRC inquiries.