OREANDA-NEWS  Russian President Vladimir Putin has authorized transactions with shares of FGC —ROSSETI and its subsidiaries. His order has been published on the legal information portal.

This decision is related to the presidential decree on special economic measures in the field of finance and fuel energy. In December last year, Rosneft received a similar permit. As explained in the Kremlin, the decision of the head of state, who allowed the Russian company and its "subsidiaries" to make deals with shares owned by individuals and organizations from unfriendly countries, is related to corporate development and was made "in an atmosphere of a rather unfriendly economic environment."

In mid-February 2025, Putin authorized transactions with shares of PJSC Renaissance Insurance Group and Ozon Holdings Plc. This was necessary due to the restrictions for investors from unfriendly countries, transactions involving the establishment, modification, termination or encumbrance of the rights of ownership, use and (or) disposal of shares of these companies are allowed.