Putin allows Mexican company to buy 99.9% stake in Russian unit of German pump manufacturer Ruhrpumpen

According to the Russian side, the decision was made under “special economic measures in the financial and fuel and energy sectors in connection with the unfriendly actions of certain foreign states and international organizations.”

The 99.9% stake will be acquired by the Mexican company Industries E. G., Sociedad Anónima Promotora de Inversión de Capital Variable.