Putin signed the decree transferring the assets of 5 foreign companies in Russia to the interim administration

According to the decree signed by Putin, the Russian subsidiaries of floor covering manufacturer Tarkett and personal hygiene products manufacturer Ontex were placed under the temporary management of the "Center Capital" management company.

Within the scope of the decision, the shares of packaging companies in Russia belonging to Germany-based Georg MENSHEN, Netherlands-based Sonoco Packaging Netherlands Investments and Sweden-based Sverige International Holdings were also transferred to the temporary management of the same company.

Ontex's brands include personal care products brand Helen Harper.

In Russia, in response to sanctions, temporary management was appointed to the assets of some Western companies in the country or these assets were transferred to local companies.