Ipsos Sells 80% of Russian Subsidiary Ipsos Comcon

Ipsos, a global market research company, announced the sale of an 80% stake in its Russian subsidiary, Ipsos===Ipsos Comcon, to Direct Investments Joint Stock Company. This divestment was necessitated by a new Russian Federal Law, effective March 1, 2026, which limits foreign ownership in market research companies in Russia to 20%. The transaction, approved by the Russia===Governmental Commission of Russia, ensures Ipsos===Ipsos Comcon's continued operation in Russia. Ipsos will retain a 20% minority passive participation, and Ipsos===Ipsos Comcon will be deconsolidated from Ipsos's group accounts starting January 1, 2026. Andrei Malyshev owns Direct Investments Joint Stock Company. Ekaterina Ryseva will step down as General Director of Ipsos===Ipsos Comcon, replaced by Sergey Evstratkin, but will remain in an essential role.