Global Trade Alert
Global Trade Alert

Russia: UNIQA and Raiffeisen Bank International sell their shares in the Russian insurance company with government authorisation

Announcement

03 Oct 2024

In October 2024, UNIQA and Raiffeisen Bank International sold their shares in the Russian insurance company Raiffeisen Life with government authorisation.

Source

Sign in to access

Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

03 Oct 2024

Revocation date:

No revocation date

Updated: 03 Oct 2024
Controls on commercial transactions and investment instruments In force

On 3 October 2024, UNIQA reportedly sold its 75% share in the Russian life insurance company Raiffeisen Life to the Russian insurer Renaissance Life. The remaining 25% belonged to Raiffeisen B...

Sign in to see more
Updated: 03 Oct 2024
FDI: Treatment and operations, nes In force

On 3 October 2024, UNIQA reportedly divested from the Russian market by selling its share in the Russian life insurance company Raiffeisen Life to the Russian insurer Renaissance Life. The remainin...

Sign in to see more

Related State Acts

28 Dec 2024

Russia: Vinci SA conducts divestment from the Russian market with the government authorisation

05 Dec 2024

Russia: Roca Group completes its divestment from the Russian market with government authorisation

25 Sep 2024

Russia: Marsh & McLennan Companies completes its divestment from the Russian market with government authorisation

04 Sep 2024

Russia: Government authorises the divestment of Unilever from the Russian market

06 Aug 2024

Russia: Government blocks the Stake Purchase in AB InBev Efes by Efes Breweries International BV

24 Apr 2024

Russia: Government authorises Hugo Boss's sale of Russian business

11 Apr 2024

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

22 Mar 2024

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

05 Mar 2024

Russia: Government commission authorised the sale of Yandex NV's shares to Russian investors

15 Feb 2024

Russia: Daimler Truck secures government authorisation for selling its stake in Kamaz

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

04 Dec 2023

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

18 Sep 2023

Russia: Mondi secures government authorisation for the sale of the Russian business

21 Jul 2023

Russia: Government authorises Decathlon's divestment

19 May 2023

Russia: Volkswagen secures government authorisation to exit the Russian market

26 Apr 2023

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

20 Apr 2023

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

14 Mar 2023

Russia: Nokian Tyres secures government authorisation for the sale of Russian business

21 Feb 2023

Russia: Authorisation of Emerson's divestment from the Russian market

16 Feb 2023

Russia: Government clears the divestment of IKEA

08 Feb 2023

Russia: Government authorises VEON's divestment

31 Jan 2023

Russia: Hitachi Energy receives government authorisation for divestment

08 Sep 2022

Russia: Restriction for the investors from "unfriendly states" in the "establishment, modification or termination" of ownership of Russian LLCs

15 Jun 2022

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

Threads

See all

This state act is not part of any Thread yet.