Global Trade Alert
Global Trade Alert

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Russia: Putin's decree puts Fortum Russia B.V. under temporary fiduciary management

Description

On 25 April 2023, the president of Russia published No. 302, placing Fortum Russia, a Russian subsidiary of Fortum, a Finnish state-owned energy company, under the temporary management of government a...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

25 Apr 2023

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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