Global Trade Alert
Global Trade Alert

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

Announcement

04 Sep 2024

In September 2024, the Russian media reported that the government had authorised the sale of Unilever's Russian business to a local investor.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

2 in force

Implementation date

04 Sep 2024

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 4 September 2024, the Russian media reported that the Russian government had authorised the sale of Unilever's Russian subsidiary Unilever Rus LLC to the local company Arnest Group. Unilever is a ...

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Controls on commercial transactions and investment instruments In force

On 4 September 2024, the Russian media reported that the Russian government had authorised the sale of Unilever's Russian subsidiary Unilever Rus LLC to the local company Arnest Group. Unilever is a ...

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