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.
Source
Sign in to access
Number of interventions
1
0 certainly harmful
0 likely harmful
1 liberalising
List of interventions
1 in force
Implementation date
20 Apr 2023
Revocation date:
No revocation date
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...
Sign in to see more
Related State Acts
01 Mar 2022
Russian Federation: Ban on cash exports exceeding USD 10 thousand
08 Sep 2022
Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs
08 Feb 2023
Russia: Government authorises VEON's divestment
16 Feb 2023
Russia: Government clears the divestment of IKEA
27 Mar 2023
Russia: Imposition of a mandatory payment upon divestment by the companies from "unfriendly" countries
30 Dec 2022
Russia: Government imposes additional restrictions on divestment and capital repatriation by the firms from "unfriendly countries"
21 Jul 2023
Russia: Government authorises Decathlon's divestment
21 Feb 2023
Russia: Authorisation of Emerson's divestment from the Russian market
31 Jan 2023
Russia: Hitachi Energy receives government authorisation for divestment
04 Nov 2022
Russia: Baker Hughes secures authorisation for divestment from Russia
19 May 2023
Russia: Volkswagen secures government authorisation to exit the Russian market
15 Jun 2022
Russia: Kinross Gold secures government authorisation for divestment from the Russian market
26 Apr 2023
Russia: Mercedes-Benz 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
04 Dec 2023
Russia: Adeo Group conducts divestment from the Russian market with the government authorisation
20 Dec 2023
Russia: Bridgestone secures government authorisation for divestment from the Russian market
19 Dec 2023
Russia: Hyundai Motor secures government authorisation for divestment from the Russian market
14 Mar 2023
Russia: Nokian Tyres secures government authorisation for the sale of Russian business
22 Mar 2024
Russia: Danone receives government authorisation for the sale of its Russian business to Vamin R LLC
11 Apr 2024
Russia: Several Japanese companies divest from TM Baikal with government authorisation
24 Apr 2024
Russia: Government authorises Hugo Boss's sale of Russian business
03 Oct 2024
Russia: UNIQA and Raiffeisen Bank International sell their shares in the Russian insurance company with government authorisation
04 Sep 2024
Russia: Government authorises the divestment of Unilever from the Russian market
25 Sep 2024
Russia: Marsh & McLennan Companies completes its divestment from the Russian market with government authorisation
05 Dec 2024
Russia: Roca Group completes its divestment from the Russian market with government authorisation
28 Dec 2024
Russia: Vinci SA conducts divestment from the Russian market with the government authorisation
Threads
See all
This state act is not part of any Thread yet.