EconomyRussia seizes assets of Swiss food giant Nestle and three French firms
Russian President Vladimir Putin signed a decree on Thursday transferring the assets of Swiss food giant Nestle and three French groups to LEV Management. After Moscow launched its full-scale invasion of Ukraine, most Western companies quickly sold their Russian operations and holdings, while the Kremlin has since made exits more difficult.
Russia seizes assets of Swiss food giant Nestle and three French firms
Economy