Federal Antimonopoly Service

ROSNEFT OIL COMPANY: Sale of 5% in Vostok Oil to a Consortium of Vitol and MME

Thursday, October 14, 2021 - 2:29pm

Ltd. (75% - Vitol, 25% - MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC.

Key Points: 
  • Ltd. (75% - Vitol, 25% - MME) have closed a deal to sell a 5% stake in the authorized capital of Vostok Oil LLC.
  • The energy for Vostok Oil is expected to be supplied mainly via using assotiated pteroleum gas and wind generation.
  • The plan is that by 2030 the oil production at Vostok Oil will make up to the tune of 100 million tons.
  • In August, Rosneft commenced autumn navigation on the River Yenisei to deliver cargoes to Vostok Oil sites.

Magnit announces approval by the Federal Antimonopoly Service of the DIXY business acquisition

Friday, July 16, 2021 - 1:51am

Krasnodar, Russia (July 15, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces it has received an approval from the Federal Antimonopoly Service ("FAS") in connection with the acquisition of 100% shares of the DIXY Holding Limited (Cyprus) by JSC "Tander", main operating vehicle of Magnit.

Key Points: 
  • Krasnodar, Russia (July 15, 2021): Magnit PJSC (MOEX and LSE: MGNT; the Company), one of Russia's leading retailers, announces it has received an approval from the Federal Antimonopoly Service ("FAS") in connection with the acquisition of 100% shares of the DIXY Holding Limited (Cyprus) by JSC "Tander", main operating vehicle of Magnit.
  • According to the agreement Magnit acquires a holding entity for a group of companies that operate convenience stores under the DIXY brand and superstores under the Megamart brand in three federal districts.
  • As part of the transaction Magnit will also acquire distribution centers and a truck fleet.
  • No further approvals after today's clearance by Federal Antimonopoly Service are required.

HeadHunter Group PLC Announces the Decision of Federal Antimonopoly Service

Monday, January 27, 2020 - 1:00pm

MOSCOW, Jan. 27, 2020 (GLOBE NEWSWIRE) -- HeadHunter Group PLC (Nasdaq: HHR) is pleased to announce that the Federal Antimonopoly Service of Russia (FAS or the Antitrust Agency) has issued a final decision on the case initiated in April 2019 pursuant to a complaint by Stafori LLC (Stafori), as disclosed earlier.

Key Points: 
  • MOSCOW, Jan. 27, 2020 (GLOBE NEWSWIRE) -- HeadHunter Group PLC (Nasdaq: HHR) is pleased to announce that the Federal Antimonopoly Service of Russia (FAS or the Antitrust Agency) has issued a final decision on the case initiated in April 2019 pursuant to a complaint by Stafori LLC (Stafori), as disclosed earlier.
  • As used herein, references to we, our, us or the Company or similar terms shall mean HeadHunter Group PLC and any and all its subsidiaries.
  • Importantly, the Antitrust Agency has concluded that our actions do not limit overall competition in Russias online recruitment market.
  • We also have the right to appeal the FAS decision in court, and we will analyze the merits of an appeal in due course.