News

05.10.26

Auchan, Nestlé, FM Logistic and Lemana Pro under temporary management. Why it happened and what comes next

President Vladimir Putin on 17 September signed a decree placing under temporary management several of the largest remaining Russian assets of European companies: namely, the main Russian legal entities of the French grocery chain Auchan, the home-improvement retailer Lemana Pro (formerly Leroy Merlin), the French logistics operator FM Logistic and Switzerland's Nestlé, the world's largest food and beverage producer.

Auchan, Nestlé, FM Logistic and Lemana Pro under temporary management. Why it happened and what comes next
29.09.26

Austrian court orders Rasperia to pay Raiffeisen and Raiffeisenbank 3.15 billion euros

The Vienna Regional Civil Court ruled on 22 September, in the absence of the Russian defendant Rasperia Trading Limited (Kaliningrad), that it must pay 3.15 billion euros to the Austrian banking group Raiffeisen Bank International (RBI) and its Russian subsidiary Raiffeisenbank, RBI's press office said.

28.09.26

Lawyers say control of payments to "unfriendly" creditors is being tightened

The authorities may tighten control over payments by Russian companies to persons linked to "unfriendly" states, and banks have already begun refusing to carry out transactions that could breach the limit of 10 million rubles, the approach to which is changing in 2026, RBC reports, citing lawyers and consultants.

25.09.26

International group Nielsen/GfK sells its Russian assets

The international research group Nielsen/GfK has sold its assets in Russia, according to a press release from GfK-Rus which operates under the brand name ICMR and was formerly owned by Nielsen. Specifically, Russian investors have acquired both GfK-Rus LLC and AC Nielsen LLC.

International group Nielsen/GfK sells its Russian assets
24.09.26

Russian factory of American Aptar placed under temporary management

President Vladimir Putin has issued a decree placing Aptar Vladimir LLC, a Russian company directly owned by France's Aptar Europe Holding, part of the US group Aptar, under temporary management by H&N, the former Russian arm of Danone.

22.09.26

Italy's deputy prime minister calls for support for Italian companies operating in Russia

Matteo Salvini, Italy's deputy prime minister and minister of infrastructure and transport, believes trade ties with Russia should be maintained and that Italian companies continuing to operate there should be supported.

21.09.26

Auchan, Nestlé, FM Logistic and Lemana PRO assets placed under temporary management

President Vladimir Putin has signed a decree placing under temporary management the Russian assets of French retailer Auchan, Swiss food producer Nestlé, French logistics operator FM Logistic and French retail chain Leroy Merlin.

Auchan, Nestlé, FM Logistic and Lemana PRO assets placed under temporary management
15.09.26

Poland's Canpack announces full exit from Russia

Canpack, an international metal packaging manufacturer headquartered in Poland, has announced its complete exit from Russia, according to a company statement.

14.09.26

Court freezes assets of Russian Nivea manufacturer

In early August, the Arbitration Court of Stavropol Region, a state commercial court, froze the assets of Beiersdorf LLC, the Russian subsidiary of Germany’s Beiersdorf, which owns of Nivea and Eucerin cosmetics brands.

10.09.26

More than half of Russians found no substitute for departed foreign brands

More than half of Russians have not found a domestic alternative to foreign brands that have left Russia, a survey by CDEK.Shopping has found, RBC reports.

More than half of Russians found no substitute for departed foreign brands