Moscow’s message to European business: your Russian assets are now leverage against your governments
ISW expects decisions on which firms to seize to depend entirely on Russia's relations with each company's home country.
Browsing Tag
Auchan
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“A warning to companies that remain”: Russia takes control of Nestlé and Auchan’s assets – companies that stayed in Russia following the full-scale invasion of Ukraine
The companies had been warned that remaining in Russia could expose their investments to seizure as the Kremlin increasingly uses foreign-owned businesses as leverage. B4Ukraine says companies should leave while they still can.
French retail giant Auchan negotiates final terms for Russia departure
French hypermarket chain Auchan has found local buyers for its Russian operations and entered final negotiations for market exit, per French media.
French retailer Auchan doubles down its presence in Russia
French retailer Auchan plans to open a new store in Russia selling almost exclusively private label products, doubling…