UK sanctions Akron Holding chief Pavel Morozov

SAMARA. Feb 24 (Interfax) - The head of Russia's Akron Holding, Pavel Morozov, has been added to the UK sanctions list, the UK government said on its website.

It said the reason for inclusion is that Morozov owned or controlled Akron Holding, an entity carrying on business in sectors of strategic significance to the Russian government, namely the defense, electronics and energy sectors.

Akron Holding is a vertically integrated industrial and metallurgical group that, among other things, produces billets and processes ferrous and nonferrous metal scrap in Russia and other CIS countries.