# Russia seizes assets of Swiss food giant Nestle and three French firms

https://mins.news/en/item/63940

- France 24, 2026-09-18 09:11 UTC
- Economy
- Original: https://www.france24.com/en/europe/20260918-russia-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.

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- [Russia seizes control of Nestlé and French companies’ assets](https://mins.news/en/video/64481) — euronews, 2026-09-18
- [Putin confiscates Nestle, Auchan assets in Russia](https://mins.news/en/item/63703) — The Kyiv Independent, 2026-09-18
- [Putin places Auchan and Nestlé’s Russian assets under temporary management](https://mins.news/en/item/63104) — Meduza, 2026-09-17