The Ministry of Economy has prepared drafts of President’s orders to carry out the decision of the National Security and Defence Council to withdraw corporate rights and immovable belonging to Russians.
In particular, Ukraine will take 92.67% of the statutory capital in Energomashspetsstal. The shares belong to EMSS Holdings Limited (Cyprus), the beneficiary of which is Rosatom.
Moreover, the rights to EMSS’ debts amounting to 11.2 billion UAH will also be seized. These funds the company had to return to enterprises connected to Rosatom.
EMSS is situated in Kramatorsk in Donetsk region, and was numerous times shelled by invading Russian forces in 2022.
Source and Credit: metalukraine.com
