Raiffeisen to Get Compensated for Russia Damages, FT Says, Citing Sources

Dow Jones
Oct 03
 

-- The EU's latest Russia sanction proposal draft includes plans to lift sanctions on assets linked to Oleg Deripaska to compensate Austrian lender Raiffeisen Bank International for a 2 billion-euro ($2.34 billion) fine it had to pay in Russia, the Financial Times reports citing unnamed sources.

-- The proposal being discussed would allow Raiffeisen to take ownership of 2 billion euros worth in shares of Strabag, a construction firm that Deripaska once part-owned through his company Rasperia.

-- Raiffeisen declined to comment. Austria's foreign ministry, Deripaska and Rasperia didn't respond to the FT's request for comment.

-- Raiffeisen shares rise 6.5% to 30.88 euros.

 

Full story: https://on.ft.com/46AsZDg

 

Write to Elena Vardon at elena.vardon@wsj.com

 

(END) Dow Jones Newswires

October 03, 2025 03:57 ET (07:57 GMT)

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