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Decree No. 302 (25 April 2023), "On temporary management of certain property," is Russia's standing legal instrument for placing Russian-based property of companies from "unfriendly" jurisdictions under state-appointed administration (see also 2025-10-06-russia-decree-710-silgan-vonorus-temporary-administration, the same mechanism applied to a Silgan Holdings subsidiary). Decree No. 606 is one such amendment: it adds Air Liquide's Russian subsidiary shares to the Decree 302 schedule and names M-Logistika LLC — rather than the more commonly used Rosimushchestvo (Federal Agency for State Property Management) — as the administering entity.
Air Liquide is France's largest industrial-gas group; its Russian operations reportedly include a joint venture tied to steelmaker Severstal plus several regional production units (Alabuga, Balakovo, Lipetsk, Ryazan, Kstovo, Kuzbass) and a Sever Liquid Gas unit, indicating the decree covers most of the group's on-the-ground Russian footprint rather than a single subsidiary. Placement under temporary management transfers day-to-day operational and economic control to the state-designated manager while formal share ownership nominally remains with the foreign parent, pending any disposal under the fast-track sale mechanism created by Decree No. 693 of 30 September 2025.
financial/consumer) name, following the same pattern as the Silgan (Vonorus) and Renault seizures — continued erosion of residual Western industrial presence in Russia two-plus years after the initial 2022 sanctions wave.
supply link to one of Russia's largest steelmakers, reinforcing Russian domestic-substitution/self-sufficiency in industrial gas supply to metals production.
disclosure in its financial reporting, and whether the seized units are later routed to a Russian buyer under the Decree 693 fast-track sale mechanism (as with other Decree 302 additions).
publication portal serves the annex as a paginated PDF not machine-read in this pass).
operations to Air Liquide's group financials.