EconomyPutin places Metro’s Russian assets under temporary control of company registered three weeks earlier
Russian President Vladimir Putin ordered German retailer Metro’s Russian assets into temporary management by JSC UK Torg Rus, registered on September 8. Its sole owner is Johannes Tolay, who has led Metro Cash & Carry since 2023. Putin separately authorized the sale of Western Union’s Russian subsidiary.
Putin places Metro’s Russian assets under temporary control of company registered three weeks earlier