Ministry of Industry and Trade prepares list of 167 sites for inclusion in critical infrastructure register
The list was announced following the first meeting of the Subcommission on Ensuring the Uninterrupted Operation of Certain Economic Sectors. First Deputy Prime Minister Denis Manturov later said that enterprises that had repeatedly failed to comply with government decisions on security measures could be placed under temporary administration. Specific measures will be discussed with individual enterprises behind closed doors, while the list of critical infrastructure facilities will not be made public for security reasons.
At the same time, Transport Minister Andrey Nikitin said that there was no need to introduce temporary administration at transport infrastructure facilities. Deputy Prime Minister Alexander Novak made a similar point with regard to energy infrastructure facilities.
The mechanism for placing critical infrastructure facilities under temporary administration in the event of security threats was established by Presidential Decree No. 604 of August 24, 2026. Vladimir Putin noted that this is not about nationalizing enterprises, but about businesses and the authorities working together to protect critical facilities.
At the same time, Transport Minister Andrey Nikitin said that there was no need to introduce temporary administration at transport infrastructure facilities. Deputy Prime Minister Alexander Novak made a similar point with regard to energy infrastructure facilities.
The mechanism for placing critical infrastructure facilities under temporary administration in the event of security threats was established by Presidential Decree No. 604 of August 24, 2026. Vladimir Putin noted that this is not about nationalizing enterprises, but about businesses and the authorities working together to protect critical facilities.
Canpack assets removed from temporary administration
A Presidential Decree has amended the list of property, securities, stakes in the authorized capital of Russian legal entities and property rights subject to temporary administration. The Russian subsidiaries of Canpack, a U.S.-Polish producer of aluminum packaging, have been removed from the list.
At the end of last year, the company’s assets were placed under the temporary administration of Stalelement LLC. Canpack’s removal from the list could point either to preparations for transferring the assets to a new Russian owner or to the restoration of control by the original owner, as happened in the case of Ariston.
At the end of last year, the company’s assets were placed under the temporary administration of Stalelement LLC. Canpack’s removal from the list could point either to preparations for transferring the assets to a new Russian owner or to the restoration of control by the original owner, as happened in the case of Ariston.
Eastern Financial Center could become a new channel for foreign investment
Speaking at the Eastern Economic Forum, Deputy Finance Minister Alexey Moiseev outlined the key elements of the proposed Eastern Financial Center (EFC). These include direct access for foreign investors and the ability to make settlements in foreign currencies and other instruments, including cryptocurrency.
Moiseev said the initial version of the EFC bill had received a number of comments. It was revised in June based on the proposals received and then sent out for interagency approval. The bill could be submitted to the State Duma during its autumn session.
The EFC is being established pursuant to a Presidential instruction issued following the 2025 Eastern Economic Forum. It is expected to give non-residents access to investment opportunities in the Russian economy, along with guarantees protecting their investments and the ability to withdraw funds. The center is also intended to support the goal of raising stock market capitalization to 66% of GDP by 2030 and 75% by 2036.
Moiseev said the initial version of the EFC bill had received a number of comments. It was revised in June based on the proposals received and then sent out for interagency approval. The bill could be submitted to the State Duma during its autumn session.
The EFC is being established pursuant to a Presidential instruction issued following the 2025 Eastern Economic Forum. It is expected to give non-residents access to investment opportunities in the Russian economy, along with guarantees protecting their investments and the ability to withdraw funds. The center is also intended to support the goal of raising stock market capitalization to 66% of GDP by 2030 and 75% by 2036.
Electrical equipment manufacturer DKS placed under temporary administration
Vladimir Putin has signed a Decree placing 100% of the shares in electrical equipment manufacturer Dielectric Cable Systems JSC (DKS), owned by Italian company Adventus, under temporary administration. The assets have been transferred to Razvitie Stroitelnykh Aktivov JSC (RSA).
RSA had previously been granted temporary administration over the Russian assets of Rockwool, a major Danish manufacturer of insulation materials, and Akzo Nobel, one of the global leaders in the coatings market and a Dutch company.
RSA had previously been granted temporary administration over the Russian assets of Rockwool, a major Danish manufacturer of insulation materials, and Akzo Nobel, one of the global leaders in the coatings market and a Dutch company.
Bank of Russia reports record purchases of Russian shares by non-residents
Russian media, citing Bank of Russia data, reported that investors from “friendly” countries had purchased RUB 15.3 billion worth of Russian shares. It is the largest volume recorded for this category of investors since 2020.
According to UNCTAD, foreign investment in Russia grew sharply in 2025, with capital inflows rising almost twelvefold from the previous year to USD 25.3 billion. The increase was not driven by stronger investor interest, but largely by companies reinvesting profits because of restrictions on transferring funds abroad, as well as by corporate restructuring and other financial flows.
According to UNCTAD, foreign investment in Russia grew sharply in 2025, with capital inflows rising almost twelvefold from the previous year to USD 25.3 billion. The increase was not driven by stronger investor interest, but largely by companies reinvesting profits because of restrictions on transferring funds abroad, as well as by corporate restructuring and other financial flows.
