EconomyRussian car-sales platform CarPrice limits payouts after investor branded ‘extremist’ for aiding Ukraine

Russian used-car marketplace CarPrice has temporarily restricted payments to individuals and businesses, saying the measure follows a change in its corporate structure and should end within a week. The move follows a Moscow court’s designation of investor Alexander Galitsky and his fund, Almaz Capital Partners, as an “extremist association” over alleged aid to Ukraine’s Armed Forces. CarPrice was later nationalized and transferred to Rostec.

RussiaCarPricepayment restrictionsasset nationalization

MMeduza★★★☆☆2026-09-01 17:45Original