Russian court lifts temporary freeze of Raiffeisen's shares in its Russian unit

Strabag SE

05/08/2025 09:40

MOSCOW, Aug 5 (Reuters) - A Russian court has lifted interim measures that froze shares owned Austria's Raiffeisen Bank International RBIV.VI in its Russian subsidiary, a lawyer for the bank and the Russian unit, Raiffeisenbank, told Reuters on Tuesday.

In June, a Russian court rejected RBI's bid to lift an injunction banning the sale of its local subsidiary. The ban, now lifted, was tied to a lawsuit brought by Russian investment firm Rasperia after a collapsed deal in which RBI was ordered last year to pay around 2 billion euros ($2.31 billion) in damages.

RBI did not immediately respond to a request for comment.

($1 = 0.8667 euros)

 (Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; Editing by Sharon Singleton)

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