On 26 February 2024, a new Presidential Decree (No. 143) was published and immediately came into effect (the New Decree). The New Decree amends Presidential Decree No. 520, dated 5 August 2022, which introduced a requirement to obtain Presidential consent to transactions with shares in certain Russian companies held by persons associated with the designated unfriendly states.
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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