Global Trade Alert
Global Trade Alert

Russia: Restrictions on foreign investment and commercial transactions in the energy and financial sector

Announcement

05 Aug 2022

On 5 August 2022, the government of the Russian Federation published Presidential Decree No. 520 temporarily prohibiting certain commercial and investment transactions related to the "unfriendly" countries.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Aug 2022

Revocation date:

31 Dec 2025

End prolongation: 31 Dec 2025
Controls on commercial transactions and investment instruments
On 5 August 2022, the President of the Russian Federation published Presidential Decree No.520 temporarily restricting certain transactions with Russian companies from the selected sectors. The restri...
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End prolongation: 31 Dec 2025
FDI: Treatment and operations, nes
On 5 August 2022, the President of the Russian Federation published Presidential Decree No.520 temporarily restricting certain transactions with Russian companies from the selected sectors. The restri...
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End prolongation: 31 Dec 2025
FDI: Entry and ownership rule
On 5 August 2022, the President of the Russian Federation published Presidential Decree No.520 temporarily restricting certain transactions with Russian companies from the selected sectors. The measur...
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Related State Acts

Announced: 03 Jun 2026

Russia: President authorises the sale by TotalEnergies EP Salmanov of its share in Arctic LNG 2 LLC

Announced: 21 May 2026

Russia: Presidential authorisation for transactions involving shares of JSC Holding Company Metalloinvest

Announced: 08 May 2026

Russia: President authorises the sale by Composite System Ltd of its shares in EKTOSintez JSC

Announced: 27 Apr 2026

Russia: President authorises the sale by Gentlia Limited of its shares in Zolotorudnaya Kompaniya Pavlik JSC

Announced: 16 Mar 2026

Russia: President authorises the sale by Lufthansa of its shares in Aeromar JSC

Announced: 03 Mar 2026

Russia: President authorises transactions with the capital of LLC Elgaugol

Announced: 22 Dec 2025

Russia: President authorises transactions with the capital of Ruhrpumpen RUS LLC

Announced: 22 Dec 2025

Russia: President authorises transactions with the capital of IDF Eurasia International JSC and Svoi Bank JSC

Announced: 08 Dec 2025

Russia: President authorises transactions with the capital of JSC Caspian Pipeline Consortium-R

Announced: 25 Nov 2025

Russia: President authorises the sale by EVRAZ PLC of its shares in two Russian companies

Announced: 12 Nov 2025

Russia: President authorises the sale by Citigroup Netherlands BV of its shares in Citibank Commercial Bank JSC

Announced: 05 Nov 2025

Russia: President authorises Laurentene Holdings Limited to conduct transactions with shares in Ivi.ru LLC

Announced: 04 Nov 2025

Russia: President authorises the sale by John Crane UK Limited of its stake in DKI Compressor Equipment LLC

Announced: 31 Oct 2025

Russia: President authorises the sale by Cyproman Services Limited of its stake in "Saturn" Managing Company LLC

Announced: 17 Oct 2025

Russia: President authorises the sale by Soihl Cyprus Investment Limited of its shares in SIBUR Holding PJSC

Announced: 25 Jul 2025

Russia: President authorises RAI Capital Partners Limited to conduct transactions with shares in Ivi.ru LLC

Announced: 01 Jul 2025

Russia: President exempts certain types of investment transactions from existing counter-sanctions measures to facilitate new FDI by foreign investors from "unfriendly" states

Announced: 26 May 2025

Russia: President authorises the sale of A2-Link AG's Russian subsidiary

Announced: 26 May 2025

Russia: President authorises the sale of Aggreko's Russian subsidiary

Announced: 08 May 2025

Russia: President authorises the sale of ABB Ltd's stake in its Russian subsidiary

Announced: 18 Apr 2025

Russia: President instructs the government to adopt additional restrictions for foreign investment and commercial transactions by entities from "unfriendly" states

Announced: 02 Apr 2025

Russia: President authorises the sale by Goldman Sachs International of its shares in Russian public companies

Announced: 25 Mar 2025

Russia: President authorises the sale of Kopy Goldfields AB's shares in its Russian subsidiary AG Mining PJSC

Announced: 17 Mar 2025

Russia: President authorises the sale by 683 Capital Partners LP and other investment firms of their shares in Russian energy and financial companies

Announced: 07 Feb 2025

Russia: President authorises the sale of PSI Software SE's stake in the Russian company Gazavtomatika Dispatcher Systems LLC

Announced: 31 Jan 2025

Russia: President authorises the sale of Goldman Sachs Group Inc's share in its Russian subsidiary Goldman Sachs Bank LLC

Announced: 31 Dec 2024

Russia: President authorises the sale of Volkswagen's stake in its Russian subsidiary Volkswagen Bank RUS LLC

Announced: 20 Dec 2024

Russia: President authorises the sale of Natixis's share in Natixis Bank JSC

Announced: 28 Nov 2024

Russia: President authorises the sale of RUSELCO LLP's share in Russian Elevator Company LLC

Announced: 14 Nov 2024

Russia: President authorises the sale of TGV Investment Co Ltd's share in the Russian medical centre

Announced: 30 Oct 2024

Russia: Government further tightens the restrictions on divestment from the Russian market by companies from "unfriendly states"

Announced: 25 Oct 2024

Russia: President authorises the sale of Fraport AG Frankfurt Airport Services Worldwide's share in the Russian holding company of the Pulkovo airport managing company

Announced: 03 Oct 2024

Russia: President authorises the sale of Eurasia Drilling Company's share in a Russian company

Announced: 14 Jun 2024

Russia: President authorises the sale of Coeclerici Group's shares in a Russian coal mining company

Announced: 29 May 2024

Russia: President authorises the sale of Nokia Solutions and Networks Oy's share in a Russian company

Announced: 20 May 2024

Russia: President authorises Promazot to engage in transactions related to the capital of Minudobreniya JSC

Announced: 07 May 2024

Russia: President authorises the sale of shares by Gazprom Neft International SA to LLC Gratal

Announced: 03 Apr 2024

Russia: President authorises transactions with foreign-held shares in Geo Saha LLC

Announced: 19 Mar 2024

Russia: President authorises certain foreign investors' transactions related to Highland Gold

Announced: 19 Mar 2024

Russia: President authorises transactions related to Ermakovskoye LLC

Announced: 11 Mar 2024

Russia: President authorises the sale of Poligon-Technogen to Norilsk Nickel

Announced: 20 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Polymetal JSC and Taseevskoye LLC

Announced: 19 Feb 2024

Russia: President authorises the acquisition of Russian HSBC subsidiary by a local bank

Announced: 15 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Renaissance Insurance Group and Ozon Holdings Plc

Announced: 15 Feb 2024

Russia: Daimler Truck secures government authorisation for selling its stake in Kamaz

Announced: 05 Feb 2024

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

Announced: 02 Feb 2024

Russia: President authorises certain foreign investors' transactions related to Russneft JSC

Announced: 23 Nov 2023

Russia: President signs a decree allowing the transactions related to JSC "Russian Coal"

Announced: 15 Nov 2023

Russia: President signs a decree allowing the transactions with USM

Announced: 28 Sep 2023

Russia: President of Russia authorises Intesa's divestment from Russia

Announced: 26 Sep 2023

Russia: The size of the "voluntary contribution" upon divestment is increased to 15% of the market value

Announced: 18 Sep 2023

Russia: Mondi secures government authorisation for the sale of the Russian business

Announced: 27 Jul 2023

Russia: President authorises the sale by ERIELL of its two Russian subsidiaries

Announced: 16 Jul 2023

Russia: Government places foreign stakes in Danone Russia and Baltika under temporary government control

Announced: 11 Apr 2023

Russia: Government allows Shell to sell its share in the Sakhalin-2 operator and repatriate capital

Announced: 27 Mar 2023

Russia: Imposition of a mandatory payment upon divestment by the companies from "unfriendly" countries

To be prolonged: 01 Jan 2026

Russia: Authorisation for certain companies to exclude the votes of shareholders from the "unfriendly" countries

Announced: 30 Dec 2022

Russia: Government imposes additional restrictions on divestment and capital repatriation by the firms from "unfriendly countries"

Announced: 04 Nov 2022

Russia: Baker Hughes secures authorisation for divestment from Russia

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