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Order on a special decision concerning a transaction with equity stakes in Russian Elevator Company

November 28, 2024

The President signed an Order On a Special Decision Concerning a Transaction with Equity Stakes in Russian Elevator Company.

Pursuant to para 5 of Presidential Executive Order No. 520 of August 5, 2022, On Special Economic Measures in the Financial and Fuel-and-Energy Sectors in Connection with the Unfriendly Actions by Certain Foreign States and International Organisations, the President authorised by his Order a transaction to purchase 100 percent stake in equity capital of Russian Elevator Company, owned by RUSELCO LLP.

November 28, 2024