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Global Trade Alert

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Russia: President of Russia transfers ownership of Gildmeister Beteilgungen GmbH's subsidiary under temporary government administration

Description

On 19 February 2024, the President of Russia issued Decree No. 133, placing the shares in Ulyanovsk Mechanical Plant (a subsidiary of German Gildmeister Beteilgungen GmbH) under temporary state manage...

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Intervention Details

Intervention Type

FDI: Treatment and operations, nes

MAST Chapter

FDI measures

Implementation date

19 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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