Moscow businessman acquires a share in the largest private shipyard of Leningrad region

Rufat Atashov became a member of the Russian-Czech project of the largest private shipyard in Leningrad region. Experts express concerns about the risks of investments associated with the participation of a representative of an unfriendly country.

Igor Gushchev, Senior Partner of Duvernoix Legal, warns of possible problems for a company with Czech participation when trying to redistribute shares.
"This requires the permission of a special government commission. In addition, there are a number of significant restrictions on the payment of dividends and profit distribution in relation to unfriendly non-residents, to which the Russian authorities also include Czech companies. I also doubt that a company with Czech participation can count on a state defense order, although there are no direct prohibitions in the legislation," the expert says.