Sun. Sep 8th, 2024

Moscow, 7 February 2024

Vladimir Putin signed the Directive on a Special Decision on the Execution of Transactions and Operations by Sberbank of Russia Public Liability Company.

Pursuant to paragraph 5 of Presidential Executive Order No. 520, dated August 5, 2022, On Special Economic Measures in the Financial and Fuel-and-Energy Spheres in Connection with the Unfriendly Actions by Certain Foreign States and International Organisations, Vladimir Putin issued a directive to allow Sberbank of Russia to conduct transactions and operations entailing direct and/or indirect encumbrance of ownership rights, the use and/or management of stakes constituting statutory capital of the following limited liability companies:

Neftegazopromyslovye Tekhnologii, SIBINTEK Intensive Technologies Enterprise, Sladkovsko-Zarechnoye, UntygeiNeft and YurskNeft.

Source – The Russian Kremlin: http://en.kremlin.ru/acts/news/73400

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