Vladimir Putin allowed economically significant organizations not to disclose information about their activities

27.01.2024       

On January 27, 2024, Vladimir Putin signed a decree allowing economically significant organizations and persons who have transferred direct ownership of shares and interests in them not to disclose information about their activities. Economically significant organizations — business entities important for ensuring the economic sovereignty and security of Russia. The list of organizations falling into this category has not yet been published. The definition itself was introduced in the summer of 2023, when Law No. 470-FZ came into force, which gave the government the right to create a list of such organizations. To be included in the list, a company must meet at least one criterion: annual revenue — more than 75 billion rubles, asset value — more than 150 billion rubles, staff — over 4 thousand people, the company operates in critical industries.
Presidential Decree No. 73 of January 27, 2024 allows economically significant organizations not to post information, but they must provide information about activities at the request of federal executive authorities, but they do not must be publicly available.


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