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EconomyPutin takes control of Japan Tobacco International’s Russian operations

A decree transferred JTI’s four factories in Russia, about 4,000 employees and roughly 40% of the country’s cigarette market to a state-linked holding company. The latest seizure adds to a list that includes Nestlé, Auchan, Leroy Merlin and Metro.

Japan Tobacco InternationalRussiaasset seizure

Eeuronews★★★☆☆2026-11-05 16:21Original

Putin takes control of Japan Tobacco International’s Russian operations
Economy