On 22 February 2023, the Russian Ministry of Finance, which is responsible for processing applications for Government Commission consents under Russian counter-sanctions regulations, published a list of appraisers recommended for providing valuation reports required as part of such applications.
Read in detail in the alert at the link.
Further to the introduction of temporary administration over the Russian businesses of Auchan, Nestlé, FM Logistic, Lemana PRO (formerly Leroy Merlin) and Metro AG in September 2026, on 15 October 2026 the Russian President introduced, by Decree No. 738, temporary administration over the Russian assets of the floor covering manufacturer Tarkett (France), the producer of care products Ontex (Belgium) and the packaging businesses in Russia of Georg MENSHEN GmbH & Co. KG (Germany), Sonoco Packaging Netherlands Investments B.V. (the Netherlands) and Sverige International Holdings AB (Sweden).
16.10.2026