Russian Prosecutor Seeks State Seizure of Ural Plants Over Unapproved Foreign Investor

Russia's Prosecutor General's Office filed a lawsuit to transfer shares of JSC 'Ural Plants' and LLC 'EBISU' to the state, citing the presence of a foreign investor—a Moldovan citizen—among owners and lack of approval for the purchase-sale transactions. This continues a pattern of state asset seizures in Russia targeting enterprises with foreign ties, potentially signaling increased scrutiny of foreign ownership in strategic sectors. The outcome could affect foreign investment sentiment in Russia.