Sep 17, 2026CONTEXT
Russia Places Nestlé and Auchan Assets Under Temporary Administration
Russia placed the local assets of Nestlé and Auchan under temporary administration by L.E.V. Management under a presidential decree. The measure transfers operational control but does not itself immediately transfer legal ownership.
Sources
- Kremlin orders Russia businesses of Nestle, Auchan seizedapnews.comENOther
- Russia says Nestle, Auchan asset seizures are payback for hostile actions by Europewww.reuters.comENOther
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OngoingInternational · 2022
Russia-Ukraine War
Tracking the major turning points of the war since Russia's full-scale invasion of Ukraine in February 2022, from the failed initial Kyiv offensive and Ukrainian counteroffensives to Russia's regained battlefield initiative, the Kursk operation, North Korean troop deployment and peace negotiations.
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