Ukrainian businessman Viktor Pinchuk has announced that the fact that his name and his company EastOne Group Ltd (London) and his Bank Credit Dnipro (Kyiv) have been included in the list of individuals and businesses on which the Russian government imposed sanctions is an expected course of events.

"I deeply regret to say that such a form of treatment is of no astonishment. This is a natural course of events, a development in relations between our two countries. For us, this [the sanctions] is, of course, unpleasant but absolutely natural, and no sanctions and no losses will be able to stop us," he told Interfax-Ukraine, speaking on the sidelines of the opening of the first joint space for non-governmental organizations working in veteran affairs, named Veteran Hub.

The businessman said that the sanctions will most likely cause discomfort and bring losses; however, they cannot be compared to "the losses and sacrifices experienced by people who are going to the front."

As was earlier reported, Russian Prime Minister Dmitry Medvedev on November 1 signed a resolution to introduce special economic measures against certain individuals and legal entities in Ukraine.

The sanctions will affect 322 individuals and 68 legal entities.