Global Trade Alert
Global Trade Alert

Russia: President authorises the sale by ERIELL of its two Russian subsidiaries

Announcement

27 Jul 2023

In July 2023, the President of the Russian Federation granted a special authorisation allowing ERIELL Holding Company Limited (Cyprus-based) and ERIELL GmbH (Germany-based) to divest from their Russian subsidiaries, Eriell Management LLC and Energiya Neftegazovogo Servisa LLC.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

27 Jul 2023

Revocation date:

No revocation date

Announced: 27 Jul 2023
Controls on commercial transactions and investment instruments In force

Recent update from 16 Mar 2026:

On 27 July 2023, the President of the Russian Federation issued Decree No. 243-rp, authorising the sale by ERIELL Holding Company Limited (Cyprus-based) and ERIELL GmbH (Germany-based) of 100% of shar...
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Announced: 27 Jul 2023
FDI: Treatment and operations, nes In force

Recent update from 16 Mar 2026:

On 27 July 2023, the President of the Russian Federation issued Decree No. 243-rp, granting a special authorisation allowing ERIELL Holding Company Limited (Cyprus-based) and ERIELL GmbH (Germany-base...
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