Sidestepping sanctions
Russia’s biggest combat boot manufacturer is quietly amassing a fortune, seemingly under the West’s radar

Flagship Russian boot brand Faraday has become a Russian manufacturing success story despite the country’s severe sanctioning by the West. Somehow, despite its contracts to supply the Russian military fighting in Ukraine, Faraday’s owners remain unsanctioned, and continue to enjoy access to European markets as well as the freedom to travel there.
Since the start of the war, the company has ramped up production significantly, thanks in part to a favourable loan from Russia’s Industry and Trade Ministry. “This year we’re completely rebuilding, and re-equipping the factory,” Svetlana Andrianova told Vladimir Putin.
“Countless” Russian businessmen who work for the Defence Ministry, like the Andrianovs, end up flying below the radar, Pomazuev lamented.

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