Russia Seizes Control of Nestle and Auchan Operations

Published 18 Sept 2026, 12:19 UTC · Updated 18 Sept 2026, 13:27 UTC

AI-generated summary of the coverage listed below: In a decree signed by President Vladimir Putin, Russia placed the Russian operations of Swiss food giant Nestle and French retailer Auchan, along with former Leroy Merlin DIY chain and French logistics firm FM Logistic, under temporary administration. The assets are now managed by LEV Management, a Russian firm. This move is part of Moscow’s broader effort to tighten control over foreign-owned businesses amid the ongoing Ukraine conflict, potentially paving the way for permanent seizure.

Covered by 2 outlets across the spectrum: 0% left, 100% center, 0% right.

Who is covering this story

• Center (2): Deccan Herald, Mint

Sources

• Explained | What we know about Russia's move to take control of Nestle, Auchan assets — Deccan Herald (center)
• Putin seizes Nestle, French firms’ Russia assets over West's Ukraine support: How big is Nestle’s business there? — Mint (center)

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