05 Nov 2026, 10:23 PM
Putin seizes Russian operations of cigarette giant Japan Tobacco International
The decree transferred JTI’s four factories, around 4,000 employees and roughly 40% of the Russian cigarette market to a state-linked holding company. The latest seizure added to a list that includes Nestlé, Auchan, Leroy Merlin and Metro.
Source Credit: euronews.com
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