Global Trade Alert
Global Trade Alert

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

Announcement

27 Mar 2023

In March 2023, the government of Russia announced that foreign companies from "unfriendly countries" selling stakes in Russian companies will need to make a “voluntary contribution” to the Russian budget of at least 5% of the assets' market value. 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Mar 2023

Revocation date:

25 Sep 2023

Announced: 27 Mar 2023
FDI: Treatment and operations, nes
On 27 March 2023, the Government Commission for Control over Foreign Investments in the Russian Federation announced that the companies from the "unfriendly countries" exiting the Russian market would...
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Related State Acts

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: 30 Oct 2024

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

Announced: 20 Dec 2023

Russia: Bridgestone secures government authorisation for divestment from the Russian market

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: 16 Jul 2023

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

Announced: 26 Apr 2023

Russia: Mercedes-Benz secures government authorisation for divestment from the Russian market

Announced: 20 Apr 2023

Russia: Henkel secures government authorisation for divestment from the Russian market

To be prolonged: 01 Jan 2026

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

Announced: 08 Sep 2022

Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs

End prolongation: 31 Dec 2025

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

Announced: 15 Jun 2022

Russia: Kinross Gold secures government authorisation for divestment from the Russian market

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