November 8, 2026
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Russia seizes assets of Swiss food giant Nestle and three French firms

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Russia seizes assets of Swiss food giant Nestle and three French firms
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Russian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management. Most Western companies quickly sold their Russian operations and holdings after Moscow launched its full-scale invasion of Ukraine, and the Kremlin has since made it difficult for firms to leave the country. 

The post Russia seizes assets of Swiss food giant Nestle and three French firms appeared first on France 24 – International breaking news, top stories and headlines.

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