Global Trade Alert
Global Trade Alert

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

Announcement

16 Jul 2023

In July 2023, the president of Russia amended Decree № 302, placing the foreign shares in Danone and Baltika companies under temporary government control. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

16 Jul 2023

Revocation date:

No revocation date

FDI: Treatment and operations, nes

On 16 July 2023, the President of Russia amended Decree No.352 (of 25 April 2023), placing the stakes of Danone's Russian subsidiary (Danone Russia) under temporary government control. Danone is a Fre...

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FDI: Treatment and operations, nes

On 16 July 2023, the President of Russia amended Decree No. 352 (of 25 April 2023), placing the shares of Baltika, a Russian beer producer, owned by Carlsberg, a Danish brewing multinational, under te...

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