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.
On 17 September 2026, the Russian President introduced, by Decree No. 661, temporary administration over the businesses in Russia of Auchan, Nestlé, logistics operator FM Logistic and the Lemana PRO hypermarkets (formerly Leroy Merlin). Joint Stock Company L.E.V. Management has been appointed as temporary administrator in charge of all of these assets. There is limited information on L.E.V. Management available publicly.
21.09.2026