Russian Timber Exporter Fined Over Delayed Foreign Currency Payments
A timber exporter in Russia’s Transbaikal Territory has been fined for breaking currency exchange laws. The penalty, announced on December 9, 2025, follows an investigation into delayed foreign payments. Authorities identified the company as LLC Transles (ООО «Транслес»). The case was detailed in a report from the East Siberian Transport Prosecutor’s Office. The company was charged under Part 4.3 of Article 15.25 of Russia’s Administrative Offenses Code. Investigators found that Transles had not received payment on time for exported goods worth over 3.7 million rubles using a currency converter. The fine marks the end of the legal proceedings against Transles. The company must now pay the penalty for its failure to comply with currency regulations. The case serves as a reminder of the strict enforcement of financial rules in Russian export trade.