Case T-607/24: Judgment of the General Court of 26 November 2025 – SBK Art v Council (Common foreign and security policy – Restrictive measures taken in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine – Freezing of funds – List of persons, entities and bodies subject to the freezing of funds and economic resources – Maintenance of the applicant’s name on the list – Concept of association – Article 2(1), in fine, of Decision 2014/145/CFSP – Article 3(1), in fine, of Regulation (EU) No 269/2014 – Obligation to state reasons – Rights of the defence – Error of assessment – Proportionality – Plea of illegality)
Date: 2025-11-26
Institutions: General Court
Subjects: EU restrictive measure, Russo-Ukrainian issue, Ukraine, association, economic sanctions, freezing of assets, international sanctions, legal person, principle of proportionality, rights of the defence








C_202600326EN.000101.fmx.xml












Official Journal of the European Union


EN
C series













C/2026/326


26.1.2026






Judgment of the General Court of 26 November 2025 – SBK Art v Council


(Case T-607/24)
                (1)

(Common foreign and security policy - Restrictive measures taken in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine - Freezing of funds - List of persons, entities and bodies subject to the freezing of funds and economic resources - Maintenance of the applicant’s name on the list - Concept of ‘association’ - Article 2(1), in fine, of Decision 2014/145/CFSP - Article 3(1), in fine, of Regulation (EU) No 269/2014 - Obligation to state reasons - Rights of the defence - Error of assessment - Proportionality - Plea of illegality)
(C/2026/326)
Language of the case: English

Parties


Applicant: SBK Art OOO (Moscow, Russia) (represented by: G. Lansky and P. Goeth, lawyers)

Defendant: Council of the European Union (represented by: N. Brzezinski and A. Boggio-Tomasaz, acting as Agents,)

Interveners in support of the defendant: Republic of Croatia (represented by: G. Vidović Mesarek, acting as Agent), Kingdom of the Netherlands (represented by: C. Schillemans, A. Hanje, M. Bulterman and E. Besselink, acting as Agents), European Commission (represented by: M. Carpus-Carcea and L. Puccio, acting as Agents)

Re:

By its action under Article 263 TFEU, the applicant seeks annulment of, first, Council Decision (CFSP) 2024/2456 of 12 September 2024 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2024/2456) and Council Implementing Regulation (EU) 2024/2455 of 12 September 2024 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2024/2455) and, secondly, Council Decision (CFSP) 2025/528 of 14 March 2025 amending Decision 2014/145/CFSP concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2025/528) and Council Implementing Regulation (EU) 2025/527 of 14 March 2025 implementing Regulation (EU) No 269/2014 concerning restrictive measures in respect of actions undermining or threatening the territorial integrity, sovereignty and independence of Ukraine (OJ L, 2025/527), in so far as all of those acts concern the applicant.

Operative part of the judgment

The Court:






1.


Dismisses the action;










2.


Orders SBK Art OOO to bear its own costs and to pay those incurred by the Council of the European Union;










3.


Orders the Republic of Croatia, the Kingdom of the Netherlands and the European Commission to bear their own costs.






(1)  
            OJ C, C/2025/407, 27.1.2025.


ELI: http://data.europa.eu/eli/C/2026/326/oj
ISSN 1977-091X (electronic edition)