Companies under sanctions will no longer post information on the public procurement website

08.03.2022       

Russian state-owned companies that fell under the sanctions of states from the list of "unfriendly" have ceased to post information about their purchases in the Unified Information System (EIS, public procurement website), the Ministry of Finance reports. As stated in the department, this is done "in order to level the consequences of restrictive measures by unfriendly foreign states." and protecting suppliers "from imposing secondary sanctions for participating in the procurement of such customers."

The changes came into effect from yesterday, March 7th. Previously, the Ministry of Finance developed the corresponding