Global Trade Alert
Global Trade Alert

Russia: President of Russia authorises the sale of Schaeffler Group's Russian subsidiary

Announcement

27 Nov 2023

In November 2023, the government of Russia authorised the sale of Schaeffler Group's Russian subsidiary, Schaeffler Rus LLC, to a Russian company, “PromAvtoConsult” LLC.

Source

Sign in to access

Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

27 Nov 2023

Revocation date:

No revocation date

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

Recent update from 07 Jul 2026:

On 27 November 2023, the President of the Russian Federation issued Decision No. 398-rp authorising the sale by the German Schaeffler Group of 100% of the shares in the charter capital of its Russian ...
Sign in to see more
Announced: 27 Nov 2023
FDI: Treatment and operations, nes In force

Recent update from 07 Jul 2026:

On 27 November 2023, the President of the Russian Federation issued Decision No. 398-rp authorising the divestment by the German Schaeffler Group from its Russian subsidiary Schaeffler Rus LLC. Specif...
Sign in to see more

Threads

See all

Economic Sanctions Related to the Russian Invasion of Ukraine

This Thread outlines restrictions on trade, financial transactions, and economic activities imposed on commercial entities by any jurisdiction, provided these measures are directly related to the Russian invasion of Ukraine. Additionally, the Thread includes sanctions against non-Russian commercial entities from other jurisdictions if these measures were adopted on the grounds of their involvem...

Published: 09 Jan 2025

1577

interventions

43

jurisdictions

Liberalising Trade Policy Measures

This Thread tracks liberalising trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

14802

interventions

186

jurisdictions

Foreign Direct Investment: Restrictions and Regulations

This Thread documents policy interventions affecting foreign direct investments (FDI) since 2017. Specifically, it encompasses screening mechanisms, foreign ownership limitations and other policies affecting international investors’ operations.

Published: 31 Jan 2025

987

interventions

88

jurisdictions