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Global Trade Alert

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Russia: Roca Group completes its divestment from the Russian market with government authorisation

Description

On 5 December 2024, Roca Group reportedly sold 100% of its shares in the Russian companies Roca RUS LLC and Akvaton RUS LLC to the Russian buyer Mir Keramiki JSC. Roca Group held 100% of shares in bot...

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Intervention Details

Intervention Type

Controls on commercial transactions and investment instruments

MAST Chapter

Capital control measures

Implementation date

05 Dec 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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