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Global Trade Alert

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Russia: President cancels the decision to place HMS Group under temporary government administration

Description

On 20 August 2025, the president of Russia issued Decree No. 577, cancelling the placement of HMS Group, under temporary government administration. HMS Group belongs to the Cyprus holding companies H...

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Intervention Details

Intervention Type

Corporate control order

MAST Chapter

I: Trade-related investment measures

Implementation date

20 Aug 2025

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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