Global Trade Alert
Global Trade Alert

Russia: President of Russia transfers Nizhny Novgorod Chemical and Pharmaceutical Plant JSC owned by Nidda Lynx Sarl under temporary administration of Pharmirus LLC

Announcement

04 Apr 2025

In April 2025, the president of Russia put Nizhny Novgorod Chemical and Pharmaceutical Plant JSC, which is held by Nidda Lynx Sarl, under temporary administration of a Russian company Pharmirus LLC.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

04 Apr 2025

Revocation date:

No revocation date

Announced: 04 Apr 2025
FDI: Treatment and operations, nes In force
On 4 April 2025, the President of Russia issued Decree No. 213, placing a Russian company Nizhny Novgorod Chemical and Pharmaceutical Plant JSC (Nizhfarm JSC), which is held by the Luxembourg entity N...
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