Russia· VladimirRussia takes Japan Tobacco International's Russian assets under temporary management
Russian President Putin signed a decree placing Japan Tobacco International's Russian assets under temporary management.
Background
Following Russia's 2022 invasion of Ukraine, many foreign companies exited the Russian market. In response, Russia has implemented measures allowing the state to temporarily manage or seize assets of companies from countries it deems 'unfriendly,' impacting international business relations.
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Russia takes Japan Tobacco International's Russian assets under temporary management
First report 4h agoLast update 1h ago1 takes 1
asset seizure reportingneutralShow 2 posts
started 4h ago•Last update 1h ago
Reporting on the Russian government's decision to place JTI's Russian assets under temporary management.
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Russia to place Japan Tobacco International's assets under temporary management
First report 4h agoLast update 1h ago1 takes 1
government seizure of assetsneutralShow 2 posts
started 4h ago•Last update 1h ago
Russia has taken temporary control of JTI's Russian operations and brands.
2 socialconfidence 0.22
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