The decree banning transactions by foreigners from unfriendly countries with shares in strategic Russian companies, a number of banks and other enterprises, including in the fuel and energy sector, has been extended until the end of 2025. The relevant document, signed by the President of the Russian Federation Vladimir Putin, was published at: official legal information portal.
Changes are being made to the decree of the President of the Russian Federation dated August 5 on the use of special economic measures in the financial, fuel and energy sectors in connection with hostile actions of some countries and international organizations. The validity of this decree has been extended until June 30, 2024; previously the decree was valid until December 31, 2025.
Before that Putin It has been ordered St. Creating a new legal entity to manage St. Petersburg Pulkovo airport and acquiring this right from a company owned by a Cypriot offshore company. Russian shareholders reserve the right to dispose of their shares, foreign shareholders do not. The Government of the Russian Federation will not be the founder of the company, but has reserved the right to appoint the sole executive body of the company and approve the charter.
Previously The New York Times sort of Losses of Western companies leaving Russia.