November 23, 2012 16:46
Govt foreign investments commission will not have to approve increase in stake above 75% - FAS
MOSCOW. Nov 23 (Interfax) - A foreign investor will not need the permission of the Russian government commission for foreign investments to raise its stake above 75% of shares in a company.
These amendments will be made to the law governing foreign investments in strategic economic sectors, head of the Federal Anti-Monopoly Service (FAS) Igor Artemyev told Russian President Vladimir Putin while reporting on preparations of legislative amendments that facilitate foreign investment.
"Companies that have already racked up 75% [of shares] will get the relevant permission (if they buy more shares surpassing 75%) and will also not come to us at the commission. There are quite a few such companies," Artemyev is quoted as saying in a transcript of the meeting published on the FAS official website.
"In the last week, the government has approved amendments that, after they are reviewed at a government session, will go to the State Duma," Artemyev said.
(Our editorial staff can be reached at email@example.com)
November 29, 2014
EU'S DAMAGE FROM SANCTIONS MAY REACH 40 BLN EURO IN 2014, 50 BLN EURO IN 2015; DAMAGE TO RUSSIA LIKELY TO BE COMPARABLE - DEPUTY FOREIGN MINISTER MESHKOV TO INTERFAX
MOSCOW URGES EU TO LIFT ANTI-RUSSIAN SANCTIONS, CANCEL BLACKLISTS; WOULD DO SAME IN RESPONSE - RUSSIAN DEPUTY FOREIGN MINISTER MESHKOV TO INTERFAX
Two Russian rockets to be launched from Guiana Space Center in 2015 - Progress space center
RUSSIA AND FSU GENERAL NEWS
November 28, 2014
Tymoshenko initiates repeal of Donbas self-government legislation
Unit of Russian warships enters English Channel, waiting out storm in Bay of Seine - Defense Ministry
Russian economics minister: oil likely to go up soon to $90 per barrel
De Marjerie's name to be given to Russian ship - Putin
Luhansk People's Republic says takes control of energy enterprises
Council of Europe chief protests Russia's "foreign agents" law
Russia, Turkey to develop space cooperation by launching TurkSat-4B satellite
Main indexes of the Russia stock market for November 28
Russian, Syrian diplomats discuss chemical weapons