In Government of Russia, approved nationalization of assets of companies who left market

The Government Commission on Legal Activities approved the initiative, which involves the possibility of nationalizing the assets of foreign companies leaving from the Russian market. The decision to support the idea was reported by the press service “United Russia”.

The Government Commission on Legal Activities approved the second package of support for the economy of Russia in the conditions of sanctions. It provides for the first step towards the nationalization of the property of foreign organizations leaving the Russian market, “the press service indicated.

As pointed out in the party, which previously and performed with the appropriate proposal, in the relevant companies, it is proposed to introduce external management to introduce external management, which should “prevent bankruptcy and maintain jobs. It is specified that we are talking about organizations, more than a quarter owned by” foreign persons from unfriendly states. “

The owners have the opportunity and abandon external control: for this it is necessary, according to the initiative, or return to work in Russia, or sell its share with the preservation of business and jobs. Otherwise, the court will appoint a temporary administration for a period of three months. A new organization is created, its shares are put up for auction, and the old liquidates. “The buyer of the new organization undertakes to maintain at least 2/3 of the labor collective and continue to continue the activities of the old organization,” the party’s press service clarified.