Announcement
18 Sep 2023
In September 2023, Mondi announced the completion of its divestment from Russia. The Russian media reported that Mondi had received the authorisation of the Government Commission for Control Over Foreign Investments to sell its Russian subsidiaries.
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Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
Implementation date
18 Sep 2023
Revocation date:
No revocation date
Announced: 18 Sep 2023
FDI: Treatment and operations, nes
In force
On 18 September 2023, Russian media consistently reported that Mondi Plc completed its divestment from Russia. Mondi confirmed the transaction in the press release on 4 October 2023. According to the ...
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Related State Acts
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Announced: 26 Sep 2023
Russia: The size of the "voluntary contribution" upon divestment is increased to 15% of the market value
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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
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Russia: Government imposes additional restrictions on divestment and capital repatriation by the firms from "unfriendly countries"
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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
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