What company received approval to buy Aggreko's assets?

Russian company BurService received approval from President Vladimir Putin to buy the Russian assets owned by Aggreko.

Why are foreign asset sales in Russia restricted?

Since the start of the conflict in Ukraine, Moscow has tightened restrictions on foreign asset sales, requiring presidential approval for transactions in the energy and finance sectors.

What is the origin of BurService?

BurService was formed following the departure of Halliburton from Russia in 2022, and it is now an independent company.

Did BurService and Aggreko comment on the deal?

Neither BurService nor Aggreko immediately responded to requests for comment regarding the acquisition.

What was Halliburton's status in Russia?

Halliburton no longer conducts operations in Russia and had previously sold its Russia operations to a management team made up of former employees.

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Home > Finance > Putin gives Russian company approval to buy Aggreko's Russian assets

Finance

Putin gives Russian company approval to buy Aggreko's Russian assets

Published by Global Banking & Finance Review®

Posted on May 26, 2025

1 min read

Last updated: January 23, 2026

Putin gives Russian company approval to buy Aggreko's Russian assets - Finance news and analysis from Global Banking & Finance Review

Putin gives Russian company approval to buy Aggreko's Russian assets

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Putin Approves BurService's Acquisition of Aggreko's Russian Assets

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