Global Trade Alert
Global Trade Alert

Russia: President authorises the sale of ABB Ltd's stake in its Russian subsidiary

Announcement

08 May 2025

In May 2025, the president of the Russian Federation authorised the sale of ABB Ltd's stake in its Russian subsidiaries to a Russian buyer.

Source

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Number of interventions

2

0 certainly harmful

0 likely harmful

2 liberalising

List of interventions

Implementation date

08 May 2025

Revocation date:

No revocation date

Updated: 08 May 2025
Controls on commercial transactions and investment instruments In force
On 8 May 2025, the president of the Russian Federation issued Decree No. 157-рп, authorising the sale of shares by ABB Asea Brown Boveri Ltd and ABB Verwaltungs AG related to their Russian subsidiarie...
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Updated: 08 May 2025
FDI: Treatment and operations, nes In force
On 8 May 2025, the president of the Russian Federation issued Decree No. 157-рп, authorising the divestment of ABB Asea Brown Boveri Ltd and ABB Verwaltungs AG from their Russian subsidiaries. The sha...
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