Rosatom State Corporation for Atomic Energy

Position / Function

Chief Executive Officer: Alexey Likhachev.

Role in the Case

The ultimate state-owned recipient of the confiscated controlling stake in FESCO.

Key Dates

• 24 November 2022 — Convictions of the Magomedov brothers and confiscation orders.
• 8 November 2023 — Presidential decree on the transfer of confiscated shares.
• 20 December 2023 and 12 March 2024 — FESCO shares transferred to Rosatom entities.

Involvement

After the Russian state confiscated the FESCO shares, control was transferred to Rosatom. The High Court of England and Wales found that, through two transfers, Rosatom received confiscated shares representing 92.5% of FESCO’s capital. The Court separately noted that the transfer was an act of the Russian state; the claimants did not allege that the presidential decree or confiscation formed part of the alleged “FESCO conspiracy.”