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Russian court seizes 463 mln euros of Italian UniCredit bank assets

  • UniCredit's assets in Russia worth €463 million are frozen after RusKhimAlliance's lawsuit over unpaid banking guarantees related to a gas project.
  • The dispute began in 2023 when RusKhimAlliance sought payment from UniCredit for guarantees tied to a contract with Linde.
  • A Russian court seizes UniCredit's assets, accounts, and shares in subsidiaries due to the unresolved gas project lawsuit.
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ReutersReuters

Russian court seizes 463 mln euros of Italian UniCredit bank assets

·United Kingdom
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ZN.UA Зеркало неделиZN.UA Зеркало недели

The Italian government is on the table: the decision on the confiscation in the Russian Federation of the assets of the European bank UniCredit is working

Italy to hold meeting on Monday to discuss the seizure of assets in Russia of UniCredit's daughter company worth 463 million euros. Financial Times reports this, citing two people familiar with the plans. This seizure is one of the largest actions against a Western bank since Moscow invaded Ukraine.

·Kyiv, Ukraine
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Live MintLive Mint

Russian court seizes 463 mln euros of UniCredit assets

RUSSIA-UNICREDIT/COURT (UPDATE 4, PIX):UPDATE 4-Russian court seizes 463 mln euros of UniCredit assets

·New Delhi, India
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La RepubblicaLa Repubblica

Russian court seizes 463 million from Unicredit over a dispute involving a liquefied gas plant.

La corte di San Pietroburgo dà ragione a una partecipata di Gazprom che reclamava le garanzie contrattualizzate con Unicredit dopo che il cliente tedesco Linde aveva bloccato il progetto a causa delle sanzioni belliche

·Turin, Italy
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Corriere Della SeraCorriere Della Sera

Sanctions, the Russian Court seizes 463 million assets from Unicredit: the Foreign Ministry moves

The decision was taken at the request of Ruskhimalyans, a liquid gas production company owned by Gazprom. The lack of guarantees for a signed contract. The table at the Foreign Ministry has been activated

·Italy
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ANSAANSA

Russia court seizes 463mn from UniCredit Russia

A Russian court on Friday seized 463 million euros from UniCredit Russia, the Russian unit of Italy's second-biggest bank UniCredit. (BEND)

·Italy
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