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Vladimir Putin - 1 Putin - 1 Agata Rybska - 1 Greta Rosen Fondahn - 1 Nick Macfie - 1
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CARLSBERG - 1 Baltika Breweries - 1 Putin - 1 DANONE - 1 Danone Russia - 1 Unipro - 1 Thomson - 1

Search resuls for: "Unipro"


5 mentions found


☆ Factbox: Moscow takes control over assets of Western companies
  + stars: | 2023-07-27 | by ( ) www.reuters.com   time to read: +1 min
July 27 (Reuters) - President Vladimir Putin has signed decrees to take temporary control of assets belonging to some Western companies in Russia, in retaliation against foreign moves against Russian companies abroad, and warned in April the Kremlin could seize more. CARLSBERG (CARLb.CO)The Russian state took control of Danish beer company Carlsberg's stake in local brewer Baltika Breweries on July 16, putting it under "temporary management" of government property agency Rosimushchestvo, according to a decree signed by Putin. DANONE (DANO.PA)The Russian state took control of the French yoghurt maker Danone's Russian subsidiary Danone Russia on July 16, according to a decree signed by Putin, and brought it under temporary control of the government property agency. FORTUM (FORTUM.HE)On April 25, Putin signed a decree that established control over the Russian subsidiary of the Finnish utility company Fortum, which operates power plants in Russia. Compiled by Agata Rybska, Greta Rosen Fondahn; Editing by Nick MacfieOur Standards: The Thomson Reuters Trust Principles.
Persons: Vladimir Putin, Putin, Agata Rybska, Greta Rosen Fondahn, Nick Macfie Organizations: CARLSBERG, Baltika Breweries, Putin, DANONE, Danone Russia, Unipro, Thomson Locations: Russia, Russian, Finnish
☆ Russia seizes more Western assets, narrowing options for company exits
  + stars: | 2023-04-26 | by ( ) www.reuters.com   time to read: +4 min
President Vladimir Putin late on Tuesday signed a decree establishing temporary control of the Russian assets of the two European state-owned energy firms. The decree - outlining possible retaliation if Russian assets abroad are seized - showed Moscow had already taken action against Uniper's (UN01.DE) Russian division Unipro (UPRO.MM) and Fortum's assets. The European Union is looking at using frozen Russian assets to rebuild Ukraine. "Fortum's current understanding is that the new decree does not affect the title (registered ownership) of the assets and companies in Russia," the company said in a statement. Rosimushchestvo said more foreign firms' assets could come under temporary Russian control.
☆ Putin signs decree taking over Russian assets of two foreign firms
  + stars: | 2023-04-25 | by ( David Ljunggren | Thomson Reuters | Covers Canadian Political | ) www.reuters.com   time to read: +3 min
Sputnik/Gavriil Grigorov/Kremlin via REUTERS/File PhotoApril 25 (Reuters) - President Vladimir Putin on Tuesday signed a decree establishing temporary control of the Russian assets of two foreign energy firms, signaling Moscow could take similar action against other companies if need be. The decree - outlining possible retaliation if Russian assets abroad are seized - showed Moscow had already taken action against Uniper SE's (UN01.DE) Russian division and the assets of Finland's Fortum Oyj (FORTUM.HE). Rosimushchestvo said more foreign firms could find their assets under temporary Russian control, TASS reported. Last October European Council President Charles Michel said the EU was looking at using Russian assets frozen under sanctions against Moscow towards rebuilding Ukraine. Fortum had already warned shareholders there was a risk its Russian assets could be expropriated.
☆ Russia's Putin names companies in which buying, selling of shares restricted
  + stars: | 2022-11-09 | by ( ) www.reuters.com   time to read: 1 min
MOSCOW, Nov 9 (Reuters) - Russia on Wednesday published a list of companies in which President Vladimir Putin has restricted the buying and selling of shares by foreign investors, including Unipro (UPRO.MM) and the local subsidiary of Finnish energy group Fortum (FORTUM.HE). The list includes 191 companies in the fuel and energy complex, as well as equipment makers and servicing companies. Reporting by Reuters; Editing by Jan HarveyOur Standards: The Thomson Reuters Trust Principles.
☆ Struggling gas importer Uniper unveils record 40 bln euro net loss
  + stars: | 2022-11-03 | by ( Christoph Steitz Tom Käckenhoff | Christoph Steitz | Tom Käckenhoff | ) www.reuters.com   time to read: +2 min
[1/2] Logo of Uniper is pictured at the company's headquarters in Duesseldorf, Germany, September 21, 2022. REUTERS/Wolfgang RattayFRANKFURT/DUESSELDORF, Nov 3 (Reuters) - Soon-to-be-nationalised gas importer Uniper (UN01.DE) unveiled a record 40 billion euro ($39.3 billion) net loss, among the biggest in German corporate history, reflecting expected future losses in the wake of Russia's move to stop supplies. Uniper said the net loss factored in 10 billion euros of realised losses the company incurred by replacing Russian gas volumes on the spot market at much higher prices as well as 31 billion euros of future losses related to this problem. "We are also working intensively to restructure our gas portfolio in order to minimise risks and to end by 2024 the losses resulting from suspended Russian gas deliveries," Tuomela said. Among the group's top priorities remains the planned exit from the Russian market, where it owns a 83.7% stake in Unipro (UPRO.MM), it said.
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