Announcement
19 Dec 2023
In December 2023, Hyundai Motor Company reportedly secured government authorisation for the sale of its Russian subsidiary Hyundai Motor Manufacturing Rus (HMMR LLC) to Art-Finance LLC.
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
19 Dec 2023
Revocation date:
No revocation date
FDI: Treatment and operations, nes
In force
On 19 December 2023, according to local media reports, the government of Russia approved the sale by Hyundai Motor Company of its Russian subsidiary Hyundai Motor Manufacturing Rus (HMMR LLC) to Art-F...
Sign in to see more
Related State Acts
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
21 Jul 2023
Russia: Government authorises Decathlon's divestment
31 Jan 2023
Russia: Hitachi Energy receives government authorisation for divestment
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
20 Apr 2023
Russia: Henkel secures government authorisation for divestment from the Russian market
26 Apr 2023
Russia: Mercedes-Benz secures government authorisation for divestment from the Russian market
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
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.