Plotted
EconomicRussia·16 Oct 2026

Russia places local assets of European companies under temporary management

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On October 16, Russian President Vladimir Putin issued a decree placing the local assets of several European companies, including Tarkett (France), Menshen (Germany), Sverige International Holdings (Sweden), and Sonoco (Netherlands), under temporary management. This action followed similar measures taken last month against Nestle, Auchan, and Metro. The…

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Straits Times
NewspaperTrust ownedSingaporeStandards not yet verified
Euronews
BroadcasterCompany ownedFranceStandards not yet verified

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