EconomyPutin places Auchan and Nestlé’s Russian assets under temporary management
A decree signed by Vladimir Putin places the Russian subsidiaries of France’s Auchan and Switzerland’s Nestlé under temporary management by L.E.V. Management. It also covers Adeo’s 0.007% stake in Leroy Merlin’s Russian entity. Neither Auchan nor Nestlé left Russia after the 2022 invasion, though Nestlé reduced its operations.
MMeduza★★★☆☆2026-09-17 18:13Original
Putin places Auchan and Nestlé’s Russian assets under temporary management