
AI-generated summary
Russian President Vladimir Putin signed a decree on September 17 on the transfer to temporary management of the Russian assets of Western companies Auchan, Nestle, FM Logistic and the former division of Leroy Merlin to the Russian JSC L.E.V. Management". This is due to the threat of nationalization of Russian enterprises in the West.
Russian President Vladimir Putin said that placing Western enterprises in Russia under external management creates conditions for a response to the possible nationalization of Russian enterprises in the West.
By decree of September 17, Putin transferred the Russian assets of Auchan, Nestle, FM Logistic and the former division of Leroy Merlin into temporary management.
The Russian JSC L.E.V. became the interim manager. Management".
MOSCOW, October 1 - RIA Novosti. The placement of Western enterprises in Russia under external management creates conditions for a response to the possible nationalization of Russian enterprises in the West, Russian President Vladimir Putin said at the plenary session of the 23rd annual meeting of the Valdai international discussion club.
Putin, by decree of September 17, transferred into temporary management the Russian assets of the French retailer Auchan (Auchan brand), the Swiss food manufacturer Nestle and the French logistics group FM Logistic, including warehouse complexes. The measure also affected the former Russian division of the French Leroy Merlin (the current Leman Pro brand). The Russian JSC L.E.V. Management became the interim manager.
“We are creating conditions for ourselves under which, in the event of nationalization or, whatever you want to call it, the robbery of our companies (in the West - ed.), we would be able to respond in a mirror way. This is what is connected with placing the enterprises you are talking about under external management,” the president said.
The Valdai International Discussion Club is an association of leading foreign and Russian experts in the field of political science, economics, history and international relations. The club was created in September 2004 on the initiative of the RIA Novosti agency, the Council on Foreign and Defense Policy, and the magazines "Russia in Global Affairs" and Russia Profile. The club owes its name to the location of the first conference, which took place in Veliky Novgorod near Lake Valdai.
AI outlook — possibilities, not facts
In the event of the nationalization of Russian assets in the West, Russia will take mirror measures against Western enterprises
Possible · Within months

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