Announcement
19 May 2023
In May 2023, Volkswagen Group announced that it had received the Russian government's authorisation to divest from Russia.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
19 May 2023
Revocation date:
No revocation date
Announced: 19 May 2023
FDI: Treatment and operations, nes
In force
On 19 May 2023, Volkswagen Group announced that it had secured the authorisation of the Russian government to sell its shares in its Russian subsidiary Volkswagen Group Rus LLC. This includes the latt...
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Related State Acts
Announced: 31 Dec 2024
Russia: President authorises the sale of Volkswagen's stake in its Russian subsidiary Volkswagen Bank RUS LLC
Announced: 28 Dec 2024
Russia: Vinci SA conducts divestment from the Russian market with the government authorisation
Announced: 05 Dec 2024
Russia: Roca Group completes its divestment from the Russian market with government authorisation
Announced: 03 Oct 2024
Russia: UNIQA and Raiffeisen Bank International sell their shares in the Russian insurance company with government authorisation
Announced: 25 Sep 2024
Russia: Marsh & McLennan Companies completes its divestment from the Russian market with government authorisation
Announced: 04 Sep 2024
Russia: Government authorises the divestment of Unilever from the Russian market
Announced: 24 Apr 2024
Russia: Government authorises Hugo Boss's sale of Russian business
Announced: 22 Mar 2024
Russia: Danone receives government authorisation for the sale of its Russian business to Vamin R LLC
Announced: 19 Dec 2023
Russia: Hyundai Motor secures government authorisation for divestment from the Russian market
Announced: 21 Jul 2023
Russia: Government authorises Decathlon's divestment
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
Announced: 14 Mar 2023
Russia: Nokian Tyres secures government authorisation for the sale of Russian business
Announced: 21 Feb 2023
Russia: Authorisation of Emerson's divestment from the Russian market
Announced: 16 Feb 2023
Russia: Government clears the divestment of IKEA
Announced: 08 Feb 2023
Russia: Government authorises VEON's divestment
Announced: 31 Jan 2023
Russia: Hitachi Energy receives government authorisation for divestment
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
Announced: 08 Sep 2022
Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs
Announced: 01 Mar 2022
Russian Federation: Ban on cash exports exceeding USD 10 thousand
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