Russia placed the local assets of major European companies including Nestlé, Metro AG, Leroy Merlin, and Auchan under state management in September and October 2026

From the articlePutin seizes Japan Tobacco's Russian assetsAlso in Tokyo demands Moscow release seized Japan Tobacco assets, Kremlin Seizes Japan Tobacco International’s Russian Assets, Putin places Japan Tobacco's Russian assets under temporary administration, Putin seizes Russian operations of Japanese tobacco giant JTI
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