Global Trade Alert
Global Trade Alert

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

Announcement

20 Apr 2023

In April 2023, Henkel disclosed that it had received the government approval to divest from the Russian market. In May 2023, the company confirmed that it had fully exited from the Russian market. 

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Number of interventions

1

0 certainly harmful

0 likely harmful

1 liberalising

List of interventions

Implementation date

20 Apr 2023

Revocation date:

No revocation date

Announced: 20 Apr 2023
FDI: Treatment and operations, nes In force
On 20 April 2023, Henkel AG & Co. KGaA (Henkel) disclosed that it had received the government approval to divest from the Russian market. According to the company's press release, its Russian busi...
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Related State Acts

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

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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: 11 Apr 2024

Russia: Several Japanese companies divest from TM Baikal with government authorisation

Announced: 22 Mar 2024

Russia: Danone receives government authorisation for the sale of its Russian business to Vamin R LLC

Announced: 20 Dec 2023

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

Announced: 19 Dec 2023

Russia: Hyundai Motor secures government authorisation for divestment from the Russian market

Announced: 04 Dec 2023

Russia: Adeo Group conducts divestment from the Russian market with the government authorisation

Announced: 26 Sep 2023

Russia: The size of the "voluntary contribution" upon divestment is increased to 15% of the market value

Announced: 21 Jul 2023

Russia: Government authorises Decathlon's divestment

Announced: 19 May 2023

Russia: Volkswagen secures government authorisation to exit the Russian market

Announced: 26 Apr 2023

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

Announced: 27 Mar 2023

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

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: 15 Jun 2022

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

Announced: 01 Mar 2022

Russian Federation: Ban on cash exports exceeding USD 10 thousand

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