Russian court suspends corporate rights in steel producer Evraz's Russian unit

Evraz

22/07/2025 13:10

MOSCOW, July 22 (Reuters) - A Russian court has suspended the corporate rights of the Russian subsidiary of London-listed steel producer Evraz EVRE.L in a lawsuit filed by Russia's industry and trade ministry, the company said on Tuesday.

Evraz said it intended to challenge the decision. The industry and trade ministry had no immediate comment.

A handful of Russian companies have had their corporate rights suspended in Russia, an effort by Moscow to force companies registered abroad to redomicile in Russia.

 (Reporting by Anastasia Lyrchikova; Writing by Alexander Marrow; Editing by Kevin Liffey)

 ((alexander.marrow@thomsonreuters.com;))