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The President signed the Directive on a Special Decision on the Execution of Transactions and Operations by Sberbank of Russia Public Liability Company.
Pursuant to paragraph 5 of Presidential Executive Order No. 520, dated August 5, 2022, On Special Economic Measures in the Financial and Fuel-and-Energy Spheres in Connection with the Unfriendly Actions by Certain Foreign States and International Organisations, the President issued a directive to allow Sberbank of Russia to conduct transactions and operations entailing direct and/or indirect encumbrance of ownership rights, the use and/or management of stakes constituting statutory capital of the following limited liability companies:
Neftegazopromyslovye Tekhnologii, SIBINTEK Intensive Technologies Enterprise, Sladkovsko-Zarechnoye, UntygeiNeft and YurskNeft.
February 7, 2024