Bridging Foes, Blessing Ties: Riyadh’s role in Indo-Pak peace

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Putin hit back at seizure of Russian assets abroad

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Russian President Vladimir Putin has approved retaliatory measures for the seizure or restriction of rights to Russian assets abroad. The decree is published on the official legal information portal. According to the document, the foreign shares of Unipro and Fortum fall under the temporary management of the Federal Property Management Agency.

The text contains a list of movable and immovable property, securities, shares of the registered capital of Russian legal entities and real estate entities that fall under temporary management.

Among them are 83.73% in Unipro owned by Uniper, 69.8807% in Fortum owned by Fortum Russia and 28.3488% in Fortum owned by Fortum Holding. They will be managed by the Federal Property Management Agency.

According to the decree, the interim administration will remain in effect until the president decides to suspend it.

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