02.05.2023

Russian foreign investment regime: new developments

On 28 April 2023, the Russian President signed a law that introduced amendments to the Law On Foreign Investments in Strategic Assets (Law No. 57) aimed at strengthening control over foreign investments in Russia and making penalties for the breach of Law No. 57 more severe.

Read in detail in the alert at the link:
https://stonebridgelegal.ru/media/files/Alert_Russian_foreign_investment_regime_May__ENG.pdf

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Temporary administration of Danone Russia cancelled
On 13 March 2024, a new Presidential Decree (No. 186) was enacted with immediate effect, which excluded AO Danone Russia from the List. The new decree does not say anything about the reasons behind the exclusion of AO Danone Russia and, thus, reinstatement of Danone’s control over its Russian subsidiary.

15.03.2024