Medvedev will hold a Commission on foreign investments in Russia

Medvedev will hold a Commission on foreign investments in Russia


It is planned to consider applications from foreign investors for preliminary approval of transactions in relation to Russian strategic companies.

MOSCOW, 11 Dec. Prime Minister Dmitry Medvedev on Friday will hold another meeting of the government Commission on monitoring foreign investment in Russia, said the press service of the government.

It is planned to consider applications from foreign investors for preliminary approval of transactions in relation to Russian strategic companies.

It comes from industries such as exploration and processing of petroleum, nuclear energy, transportation marine ports, aviation security and airports management, broadcasting services, production of medicines.

With a keynote address by the head of FAS Russia Igor Artemyev. Earlier he told reporters that at the meeting of the Commission will have approved the transaction by entering China’s Sinopec in the capital of SIBUR.

Officially joining Sinopec in the share capital of SIBUR as a strategic investor was announced in early September. Please, enter expected closing before December 1, subject to obtaining all necessary consents and corporate approvals. As reported by energy Minister Alexander Novak, under the agreement, Sinopec will purchase about 10% of SIBUR. Officially, the parties to the transaction, this information is not commented.