From 06.07.2022, the list of Belarusian legal entities defined by the Government (Resolution of the Council of Ministers of the Republic of Belarus No. 436 "On the List of Persons" dated July 1, 2022) will enter in force, in which shareholders from "unfriendly" countries are prohibited from alienating their shares in the share capital.
The Council of Ministers of the Republic of Belarus by Resolution No. 209 of 06.04.2022 (effective from 08.04.2022) determined the list of foreign states committing unfriendly acts against Belarusian legal entities and (or) individuals.
Congratulations to our client, SEW-Eurodrive (an international German concern, one of the leading manufacturers of electric drive equipment on the world market), on the completion of construction and commissioning in December 2021 of the plant (one of the most innovative in the region) on the territory of the FEZ "Minsk".
Borovtsov & Salei acted as a legal сounsel to the Innovation Institute at the Hospital of Special Surgery (USA) in a deal with VR Electronics Ltd. (UK) - a startup of Belarusian origin and maker of TESLASUIT and other advanced human-to-digital interface technologies.