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
Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
Implementation date
27 Mar 2023
Revocation date:
25 Sep 2023
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18 Apr 2025
Russia: President instructs the government to adopt additional restrictions for foreign investment and commercial transactions by entities from "unfriendly" states
30 Oct 2024
Russia: Government further tightens the restrictions on divestment from the Russian market by companies from "unfriendly states"
20 Dec 2023
Russia: Bridgestone secures government authorisation for divestment from the Russian market
26 Sep 2023
Russia: The size of the "voluntary contribution" upon divestment is increased to 15% of the market value
18 Sep 2023
Russia: Mondi secures government authorisation for the sale of the Russian business
16 Jul 2023
Russia: Government places foreign stakes in Danone Russia and Baltika under temporary government control
26 Apr 2023
Russia: Mercedes-Benz secures government authorisation for divestment from the Russian market
20 Apr 2023
Russia: Henkel secures government authorisation for divestment from the Russian market
17 Jan 2023
Russia: Authorisation for certain companies to exclude the votes of shareholders from the "unfriendly" countries
08 Sep 2022
Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs
05 Aug 2022
Russia: Restrictions on foreign investment and commercial transactions in the energy and financial sector
15 Jun 2022
Russia: Kinross Gold secures government authorisation for divestment from the Russian market
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