Sept 6 (Reuters) - Kremlin has been seizing assets of some Western companies in Russia through decrees signed by President Vladimir Putin and court orders related to lawsuits over halted projects or blocked funds amid Western sanctions. Below is a list of the companies affected so far…
It’s been a decade since Russia started the war in Europe. Those corps have had plenty of time to evacuate.
It’s* been a decade
Well, if the companies didn’t get their stuff out after the Crimea shit, that’s entirely on them. If you deal with occupiers, don’t be surprised if they steal from you. It’s just a pity it can help putin a bit. I hope it’s not much use to him.
Mm, seems like a risk to doing business in Russia. I guess it’s not a good investment.
Who could have guessed? Came completely out of the blue. Unforeseeable.
If you skirt sanctions as a multinational corporation, you’re… Well you’re usually not going to have that bad of a time if I’m being real. This does being a smile to my face though.
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Please please please rob Nestle.
Their own fault, hope it hurts.
It is their fault, but most of the assets listed do not amount to much. There was one that broke a billion, but that was for a gas processing facility and not something you can move easily.
I speculate that most of those assets were written off already and it’s mainly just a puff piece of an article.
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