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Global Trade Alert

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Russia: President authorises the purchase of Grundfos Holding's subsidiary by a Russian company

Description

On 5 February 2024, the President of Russia signed Decree No. 36-rp, authorising the purchase of 100% of the capital of Grundfos Istra LLC (Grundfos Holding's subsidiary) by Istratech Group LLC, a Rus...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

05 Feb 2024

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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