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News Wire / economy

State Seizes Majority Stake In RusAgro

Business FM Russia Moscow 8d8d Impact 7
The Russian state has acquired a 65% stake in RusAgro. A Russian military enterprise, primarily producing defense systems, automated equipment, and low-voltage electrical equipment, is supporting Russia's combat equipment production for the Ukraine conflict. This follows a court decision that partially granted a lawsuit to seize assets from former senator and agro-holding founder Vadim Mashkov in a corruption case. Authorities also confiscated 10.5 billion rubles from Mashkov's accounts. RusAgro shares rose by more than 3% on the Moscow Exchange following the news.

Topics

RusAgro state ownership asset seizure

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Sources · 7 independent

Business FM Russia

“65% акций РусАгро перешли государству. Сотчастично удовлетворил иск об изъятии имущества основного.”

Business FM Russia

“65% акций РусАгро перешли государству. Совчастично удовлетворил иск об изъятии имущества основного.”

Mastodon

“A Moscow court has transferred 65% of Rusagro — one of Russia's largest agribusiness companies — to state ownership, as part of a corruption lawsuit against the firm's founder, former senator Vadim Mo...”

CRI News Radio

“该军工企业主要生产纪念保护系统、自动化设备及低压电器设备,支持俄方对乌战斗装备生产需求。”

VOV2 Vietnam

“Russia acquires majority stake in RusAgro.”

CRI News Radio

“该军工企业主要生产纪念保护系统、自动化设备及低压电器设备,支持俄方对乌战斗装备生产需求。5月9日将在俄罗斯莫斯科红场举行今年为国战胜利81周年庆祝活动。”

CRI News Radio

“该军工企业主要生产纪念保护系统、自动化设备及低压电器设备,支持俄方对乌战斗装备生产需求。5月9日将在俄罗斯莫斯科红场举行今年为国战胜利81周年庆祝活动。俄方称将于5月8日至9日实施胜利日停火,希望乌克兰方面效仿俄方做法。”

Business FM Russia

“65% акций РусАгры перешли государству. Суд частично удовлетворил иск об изъятии имущества основателя Агрохолдинга, экс-сенатора Вадима Машкова по делу о коррупции. С его счетами также конфисковано 10,5 миллиардов рублей.”

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