Global Trade Alert
Global Trade Alert

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

Announcement

28 Dec 2024

In December 2024, Vinci SA, a French concessions and construction company, reportedly sold its 50% share in the Russian company United Toll Collection Systems LLC to a Russian buyer. Such transactions by companies from the "unfriendly" states require the approval of the Russian government.

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

28 Dec 2024

Revocation date:

No revocation date

FDI: Treatment and operations, nes In force

On 28 December 2024, Vinci SA reportedly started its divestment from the Russian market by selling its 50% share in the Russian company United Toll Collection Systems LLC to the Russian buyer Natsproe...

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Controls on commercial transactions and investment instruments In force

On 28 December 2024, Vinci SA reportedly sold its 50% share in the Russian company United Toll Collection Systems LLC to the Russian buyer Natsproektstroy Group. Such transactions by companies from th...

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